10 Steps to Take After Fed Raises Interest Rates

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For Full Story, go to the article on Bankrate.com

  1. Get a snapshot of your personal finances
  2. Know what’s good debt and bad debt — and eliminate the latter
  3. Shop around for the most competitive borrowing rates
  4. Work on boosting your credit score
  5. Keep up frequent communication with your credit card issuers
  6.  Don’t let low yields and high inflation keep you from saving
  7. Look around for the best savings yields
  8. Start recession-proofing your finances
  9.  Think about your career and income opportunities
  10. Tune out market volatility if you’re investing for the long term