Financial stress is very real and it can lead to people making worse financial decision, which ultimately negatively impacts the economy. Mitch Roschelle, principal at Madison Ventures+, joined 'Stretching Your Dollar' to provide some tips on how people can manage stress when it comes to money. "If you step back and you can parse your requirements between need and wants, I think you can begin to manage stress a little bit better," he told Cheddar News.
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.
