David Davis, CRC, AIF

Tag: finance

  • How the Fed’s Interest Rate Cuts Affect Long-Term Savings

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    by

    David Davis
    in

    Recently, the Federal Reserve (Fed) cut its benchmark interest rate, a move that could have several implications for long-term savings strategies. As interest rates fall, there are both potential benefits and challenges to consider, especially for those planning for retirement or managing their savings portfolios. The Immediate Impact on Savings Accounts and CDs One of…

  • Mastering Budgeting: Understanding the 50/30/20 Rule

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    by

    David Davis
    in

    Budgeting can be the foundation of your financial success. It helps you take control of your spending, prepare for the future, and manage unexpected financial challenges. One popular and straightforward strategy is the 50/30/20 rule, which can serve as a guide for balancing your needs, wants, and savings. What is the 50/30/20 Rule? The 50/30/20…