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.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.