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Used to be it would sell off with this kind of news. not anymore. investors are saying the federal reserve is saying that the economy is expanding. she believes and we do too. if you want to know who the losers are, if you have a credit card, you owe a lot of money, you re a loser. wallet hub says that those credit cards will have an extra 1.6 billion in finance charges because of this move over the course of a year. we ll probably get two more. shepard: a little more money for a cd these days? yeah. let me finish the losers. there s a lot of them. home equity loans, those are variable rate debts. auto loans, not so much. there s so much competition there. they have to company it samy samy. mortgage rates have popped a 1/10 percent. ....
Benefits department and increase your contribution because that s the best return you re going to get. if your company is matching, that s enormous. if you can do more than that, that s fabulous as well. because most people are not putting away enough for retirement. so you want to amp yourself up to the point where you re really maxing out. your third tip, pay down high rate debts. this is one i think that everybody under estimates. get rid of debt. particularly high interest rate credit card debt. tackle them in order of interest rates. if you ve got debt at 30%, 25 and 30, pay the minimums on the rest and roll the money into others. you want to work on things like cutting interest rates, calling your credit card companies and if you can t make the payments, ask them to put you on their hardship plans which will knock ....