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Weekly Update: August 14th, 2022

Weekly Update: August 14th, 2022

It’s been a big couple of weeks with Congress going through tense negotiations regarding the Inflation Reduction Act. The Senate passed the bill last week, and we saw the house did the same a few days ago, which means the bill will go to President Biden for his...

Weekly Update: July 31st, 2022

Weekly Update: July 31st, 2022

It was another busy week with lots of economic data being pushed out, highlighting the state of the economy. The big news was the action taken by the Federal Reserve by raising interest rates by 75 basis points. This should not have come as a surprise, considering the...

Weekly Update: July 17th, 2022

Weekly Update: July 17th, 2022

What a busy week within the financial world, ranging from Amazon Prime Day to the release of the latest inflation numbers. I wish I could say it was all good news this week, but sadly no. The biggest news of the week was the inflation report that showed it jumped to...

What is an emergency fund, and why do I need one?

What is an emergency fund, and why do I need one?

Did you know that over 50% of Americans would struggle to pay an unexpected/emergency expense of $1,000? As the US economy quickly approaches a recession with 40-year high inflation and costs soaring for the average family, the need to have an emergency savings...

Weekly Update: July 10th, 2022

Weekly Update: July 10th, 2022

Most of us enjoyed a short week as part of the July 4th holiday. It was a relatively quiet week from the finance perspective, with stocks being mixed throughout the week and the Dow Jones closing down 46 points to end the week. The exciting news broke on Friday when...

Weekly Update: July 4th, 2022

Weekly Update: July 4th, 2022

I hope everyone is enjoying the July 4th weekend this year as millions of people hit the road and skies for vacation. The national average for gas is around $4.80, which is down roughly $0.20 from a few weeks ago but is near $2 more than just a year ago. While we’re...