reducing stress with financial uncertainty
Times like these tend to make us reassess everything, including investment risk tolerance. Big market pullbacks are scary. It’s no wonder some are reconsidering mattress cash stashes. Fortunately, there are ways for reducing stress when faced with financial uncertainty. This pandemic forced us all to reflect on what it’s like to go without pay. Whether gainfully employed, on unemployment, or struggling with reserves, we all felt the effects. It makes you wonder about doing things differently in the future. That’s not a bad thing. America’s credit card debt is trending up, logging in at $887 billing during the second quarter of 2022, according to the Federal Reserve Bank of New York. That’s up from $841 billion in the first quarter. We’re wracking up debt in housing costs too. Rents have skyrocketed along with the purchase price for homes this year. Add in rising interest rates and many are paying a lot […]