Chelsea Fagan, Author of "The Financial Diet", joins Cheddar to discuss the do's and don'ts for shrinking your stress and increasing your bank account. She talks about living that "CEO lifestyle" and why it may not be as fun as it seems.
Fagan believes you should check your bank account at least once a week to make sure you understand where your money is going and confirm no suspicious activity. She talks about some of the major questions experts advise their clients to ask before starting a budget.
In addition, Fagan also explores different tips on investing from personal finance experts. The main piece of advice she continues to hear is that you need that 3-6 month emergency fund.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
