Try to set aside just enough so you can rely on a very simple three-month budget in the event you lose your job, said Brian Robinson, financial advisor and partner with SharpePoint.
Also, consider deferring “good to have” purchases. For example, if your refrigerator breaks down, repair it or buy a new one. But if the hair dryer you’ve owned for five years still gets the job done, isn’t the quality of your newer hair dryer, keep it — and your money.
Make sure to take inventory of all your monthly subscriptions and ask yourself what you can live without, then cancel those subscriptions.
– Elizabeth Buchwald
Fed meeting schedule
The last meeting of the Federal Reserve of the year will be held from December 13 to 14. Then the central bank meets again on January 31 in its two-day meeting. Here is the schedule of meetings for the rest of 2023:
- From 21 to 22 March
- May 2-3
- From 13 to 14 June
- 25-26 July
- September 19-20
- October 31 – November 1
- December 12-13
– Elizabeth Buchwald
