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.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
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.