In a recent address to other central bankers at the European Central Bank’s annual symposium in Sintra, Portugal, Federal Reserve Chair Jerome Powell said that the Fed’s fight against inflation could extend over several years.According to the Wall Street Journal report, Chairman Powell hinted that the Feds will likely continue to raise interest rates in the foreseeable future … [Read more...] about 7 Ways to Manage Your Finances During Persistent Inflation
5 Ways to Keep Financial Stress Under Control
Photo from Pexels by Karolina GrabowskaRight now, financial stress is causing a lot of turmoil for individuals and families around the world. Many people are fearful about their economic outlook, and rightfully so.It started with rising prices for groceries, which were blamed on supply chain shortages. Then gas prices skyrocketed, and blame was put on the Russia-Ukraine war. … [Read more...] about 5 Ways to Keep Financial Stress Under Control
What Does the Federal Reserve Interest Rate Hike Mean for Your Personal Financial Recovery?
Photo by Brett Sayles from Pexels So, you probably have heard that the US Federal Reserve Board is raising the interest rate for the first time in three years (well, unless the only news you care about these days is Kanye, Kim, and Pete). All the financial news outlets reported the Feds raised the interest rate today by a quarter percentage point.Policy watchers expect … [Read more...] about What Does the Federal Reserve Interest Rate Hike Mean for Your Personal Financial Recovery?
Get Out of Debt and Fix Your Credit
Many people of all ages are taking the health of their finances more seriously and beginning to take proactive steps to turn things around if they’ve been struggling.In the past, consumers racked up tens of thousands of dollars in debt without blinking an eye, but in today’s world, they’re understanding more about the dangers of accepting all those credit card offers.If you’ve … [Read more...] about Get Out of Debt and Fix Your Credit
How To Take Back Control Of Your Finances
Image by Jess Foami from Pixabay If 2020 has wreaked havoc on your finances, you may take heart in knowing that you are not alone. A recent survey of Americans’ personal financial health by Lending Tree and Stash found that because of the economic impact of the COVID-19 crisis, 1 in 4 people expect to retire later than anticipated. The study shows that nearly half of … [Read more...] about How To Take Back Control Of Your Finances