Tag: Finance Articles
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How to Financially Prepare for a Recession in 2025
Introduction A recession can be an uncertain and challenging time for individuals and businesses alike. With economic indicators pointing to a potential downturn in 2025, now is the time to safeguard your finances. Whether it’s rising interest rates, inflation concerns, or global market instability, proactive planning can help you stay financially secure. In this guide,…
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The Decline of Pandemic-Era Savings: What it Means Now!
The COVID-19 pandemic brought significant changes to the U.S. economy, with one of the most striking being the surge in household savings. Between government stimulus checks, reduced opportunities to spend, and lower borrowing costs, Americans collectively accumulated $2.1 trillion in excess savings by August 2021. However, this financial cushion has evaporated faster than anticipated. As…