, and fear of a looming recession have many Americans worrying about their financial security.
"The worst thing people can do is they get nervous and pull money out the market," said Jordan Rippy, a personal finance expert and accounting professor at Johns Hopkins Carey Business School."Most people should be invested in the market for the long term." Instead, look for ways to trim your monthly budget.
"You don't want to be lugging debt into a higher-rate environment or into an environment with more economic uncertainty," added Greg McBride, chief financial analyst for Bankrate.com."If the economy goes into a recession, you might work fewer hours or not have as much money coming in the door, but often times debt payments are still there. Any debt you can get rid of now helps put you in a better position if leaner times lie ahead.
Or you can jail a pedophile President and things will start to go back to normal
Perhaps the money in the bank and the credit union will now earn some actual interest. Perhaps CDs will pay a rate that people are willing to have. People whose money is more in cash and less in the stock market will benefit
Another helpful tip: Move to California and just help yourself to all the retail goods you desire with no worries about law enforcement.
'Pay off your debt' Gee, thanks for that advice. 'Keep contributing to your 401(k)' lol, keep contributing to something i don't have. ok 'Create new revenue streams' What, you mean like drug dealing, or sex work? 'Learn to code' maybe? So helpful. Just create new streams!
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