Stretching Your Dollar: Adequate Savings, Portfolio Building & Paying Credit Card Debt
Money management and financial literacy are truly paramount for success but knowing where to start can be daunting. Bobbi Rebell, certified financial planner, joined Cheddar to provide some insight into savings and portfolio building, particularly for people under the age of 25. She also talked about how to approach paying off credit card debt.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.