Personal finance expert shares what you need to know amid Trump's tariff whiplash

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Personal finance expert shares what you need to know amid Trump's tariff whiplash

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Personal finance expert shares what you need to know amid Trump's tariff whiplash

//business-finance.news-articles.net/content/202 .. u-need-to-know-amid-trump-s-tariff-whiplash.html

Published in Business and Finance on Friday, April 25th 2025 at 14:40 GMT by MSNBC
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

There are growing concerns over Americans' finances due to President Trump's tariff whiplash and fears of a recession. Michelle Singletary, personal finance columnist at The Washington Post, joins JosÃ© DÃaz-Balart to give advice to Americans amid this moment of uncertainty in the markets.

2025-04-25 312 x 176 / 116347 Bytes

In an article on Yahoo Finance, personal finance expert Suze Orman shares essential tips for managing money effectively. Orman emphasizes the importance of understanding your financial situation by tracking income and expenses, and advises creating a budget to control spending. She highlights the significance of building an emergency fund to cover unexpected costs, and stresses the need for saving and investing for the future, particularly through retirement accounts like 401(k)s and IRAs. Orman also discusses the importance of managing debt wisely, suggesting that high-interest debt should be paid off quickly, and encourages readers to improve their credit scores by paying bills on time and keeping credit utilization low. Lastly, she advises seeking professional financial advice when needed to make informed decisions about complex financial matters.

Read the Full MSNBC Article at:
[ https://www.yahoo.com/news/personal-finance-expert-shares-know-161221252.html ]