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What Is Your Personal Inflation Rate (And How To Calculate It)? Financial Advice

What Is Your Personal Inflation Rate (And How To Calculate It)?

Your personal inflation rate may be different than the national or state inflation rate. Knowing your personal inflation rate can help you better plan both your short-term and long-term finances. There are always a few personal lifestyle adjustments you can make to combat inflation, bringing your personal rate down. Inflation this, inflation that. Unfortunately, you […]

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8 minute read

10 Ways To Prepare For a Recession Financial Advice

10 Ways To Prepare For a Recession

A recession is a prolonged period of economic decline, measured by a region’s GDP (along with other factors). The onset of the pandemic in March 2020 ended 129 consecutive months of economic expansion — the longest such period in history. Recessions lead to high unemployment, business failures, and sometimes even bank failures. Luckily, recessions have […]

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How Much You Should Spend on an Engagement Ring and What To Look For Wedding Ring Around Rolled Up $100 Dollar Bill Financial Advice

How Much You Should Spend on an Engagement Ring and What To Look For

Spending three months’ worth of salary might be the rule of thumb, but is it necessary? That depends on a variety of factors, including your financial situation and your partner’s style. When it’s time to buy a ring, keep the 4Cs in mind: Cut, Color, Clarity, and Carats. Engagement rings can be marked up 600% […]

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8 minute read