Money and stress are connected—there’s no doubt about it.
In 2022, the American Psychological Association reported that an overwhelming 83 percent of U.S. adults cite inflation as their primary source of stress. And that was 2 years ago. Although inflation has since stabilized somewhat, it remains a significant stressor, and affordability continues to be a top concern.
Without a proper understanding of the skills needed to manage financial stress effectively, its impact can be devastating. It’s important to recognize that your level of financial literacy plays a crucial role in either exacerbating or alleviating this stress.
With hope of interest rate relief on the minds of so many Americans, this week is an opportune time to share knowledge and equip you with what you need to know about how these changes will affect you. Check out the articles below and get in touch if you’d like to discuss anything.
Here’s to stressing less in September.
What the Fed’s Interest Rate Cut Will Mean for Your Wallet
Sept. 16, 2024
The FOMC is getting ready to cut interest rates. It could mean lower APYs on high-yield savings…
To Reduce Your Stress, Hope Beats Mindfulness—5 Ways To Be Hopeful
Sept. 16, 2024
Discover why hope may be more effective than mindfulness in reducing stress. Learn five ways to…
Rich Americans Prep Fail-Safe Estate Plans Ahead of Election
Sept. 16, 2024
With the presidential race in a dead heat, wealthy Americans are calling estate lawyers.
The big question is what comes next after the Federal Reserve’s rate cut
Sept. 16, 2024
Bond investors could easily be caught off guard if liquidity conditions fail to loosen…
Why Cynics Are Less Likely to Succeed
Sept. 4, 2024
Would you call yourself a cynic? New research in behavioral science has revealed that cynical…
Where to Put Your Money When the Fed Cuts Rates
Sept. 4, 2024
What lower rates mean for the trillions of dollars in CDs and high-yield savings accounts.