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business12h ago
You don't have to tailor your finances to the Fed — here are 3 money moves that work any time
- The Fed decision is uncertain, but readers should act with a plan that survives any rate change.
- Experts say debt payoff remains essential, especially high-interest balances like credit cards.
- Use balance transfers wisely; some offers provide 0% APR for extended periods to reduce balances.
- Chase and Citi cards are highlighted for long intro APR windows and solid rewards.
- High-yield savings accounts may offer around 4% APY, helping preserve value as rates shift.
- Fixed-rate loans provide monthly budget predictability in uncertain rate environments.
- The article presents expert insights from Don Grant, CFP, to support practical planning.
- Balance transfer costs should be considered; some transfers incur fees during the intro period.
- Credit card debt consolidation options are discussed as part of debt reduction strategies.
- The piece underscores the goal of strengthening financial plans to weather economic fluctuations.
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