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Keeping a Fiscally Fit Well-being

The last couple of years has presented a challenge regarding personal finance. The pandemic has brought troubles to the job market, upended the supply chain and healthcare costs, and more. Then 2022 has brought continued inflationary risks, overseas conflicts, and more.

Despite that, here are some solid reminders that can help you stay “fiscally fit,” no matter what external matters may be going on.

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6 Ways Interest Rate Increases May Affect Your Personal Finances

The Federal Reserve is continuing to raise interest rates to combat inflation. It’s raised rates more times already than it has in 28 years. You would think then that as inflation eases, it would make expense management a bit easier for consumers. However, as rates rise, so too does the cost of borrowing money – with everything from home loans to credit cards – continuing to go up. Here are some areas you might want to keep an eye on in your finances, according to GoBankingRates.

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3 Investment Reminders for The Stock Market

From time to time, I like to highlight tips from Jonathan Pond’s Ponderings newsletter. It’s a great read if you haven’t subscribed before. Granted much of his advice may seem like common sense, but given the roller coaster that the market has been on as of late, between inflation, issues abroad, and more, I wanted to highlight his post this week, as I think it contains some timely reminders.

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How To Prepare Financially For a Second Baby

Raising one child can certainly be expensive enough (but we all know that the experience of being a parent is priceless). However, when another baby is on the way, expanding your family from one to kids can come with a whole other set of financial planning aspects that you’ll want to take into consideration before delivery day.

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