Second Boost Savings News Today : Breaking News, Live Updates & Top Stories | Vimarsana

it. >> inflation, it is zapping the strength of a lot of families. >> that inflation hit 8.6% last month, highest rate since 1981. majority of americans weren't even alive actually. u.s. families paying more for everything. gas, cars, food, housing, just to name a few. >> plane tickets, everything. and today fed is expected to rise rates three quarters of a point. so that means that people will pay more to get a car loan, houses and even college. that will taste bad, but the hope is that it cools down inflation overall. right now on wall street you're seeing a little bit of optimism ...

Second boost savings. we mentioned how savings rates will go up, but also you want to have more cushion just in case. we don't know from an economic standpoint what lies ahead over the next 12 to 18 months. having more savings will help you weather that. and then third, when it comes to the retirement savings, stay the course. yes, markets have been volatile, there hasn't been a lot of places to hide, but you have to keep making those contributions to the 401 401 k, stay the cour. the less you do on that front the better. >> sometimes inertia is the best financial plan honestly when you are ta...