Budgeting is undoubtedly a crucial aspect of managing your finances. It helps you understand where your money is going and allows you to make informed decisions about your spending. However, there are times when cutting back further on expenses isn’t enough to achieve your financial goals. In such situations, increasing your income can be the … 7 Creative Ways to Increase Your Earnings
Black Friday, the annual shopping extravaganza, is just around the corner, and shoppers across the nation are gearing up for one of the biggest retail events of the year. Known for its incredible discounts and unbeatable deals, Black Friday has become a tradition that kicks off the holiday shopping season with a bang. Let’s dive … Black Friday: Navigating the Year’s Biggest Shopping Extravaganza
One of the best ways to express your feelings is through thoughtful gifts that you’ve put your heart and creativity into. DIY gifts are personal and meaningful and show that you’ve invested time and effort into making something special. Here are ten delightful DIY gift ideas that are perfect activities and gifts for making your … 10 Heartfelt DIY Gifts to Brighten Someone’s Holiday Season
The holiday season is a magical time to strengthen family bonds, cultivate cherished memories, and immerse yourself in the spirit of togetherness. While holiday activities can often be associated with hefty expenses, there are numerous cost-effective and delightful activities that you can partake in with your family during this festive period. Below are ten detailed … 10 Inexpensive Family Activities to Embrace This Holiday Season
The U.S. consumer has been remarkably resilient since the economy reopened after the height of the COVID-19 pandemic. People returned to restaurants, resumed travel, and spent money they had saved during lockdowns, a phenomenon dubbed “revenge spending”. This trend continues, with people spending freely at restaurants and maintaining strong retail spending, even amidst inflation. However, … The State of the U.S. Consumer: Troubled Waters Ahead?
By: David Ashley, MD, MBA Yesterday the Consumer Price Index, or CPI, came in at 4%, slightly below expectations. This means that consumer prices are still increasing but at a slower rate. This is referred to as “disinflation.” Last month the number was 4.8%, indicating that inflation is improving. It is still double the Federal … Interest Rates, & the Future For Inflation
By David Ashley, MD, MBA In the last couple of weeks, we have had updates to the Producer Product Index, Consumer Price Index, and Retail Sales report. These reports are relevant to the likelihood of an impending recession. The Consumer Price Index (CPI) measures the average change in prices of goods and services over time. … May Recession Watch
By: David Ashley, MD, MBA You may have heard a reference to the BRICS countries in the news. The previously used acronym was BRIC, introduced in the early 2000s by a Goldman Sachs analyst who referenced these expanding emerging market countries with many commodities and natural resources. He predicted certain countries would dominate the world … BRICS Countries Alternative to the Dollar
By: David Ashley, MD, MBA In the last update, I discussed the various economic observations that go either against or in favor of a recession being declared in the near future. That was written a few days before the two recent regional bank failures, Silicon Valley Bank in California and Signature Bank in New York. … Two Failed Banks
By: David Ashley, MD, MBA For the next few months, I will give a weekly update on conditions and observations that indicate whether or not we are going into recession or already in one. Soft landing, hard landing, no landing at all? The news has been all over the place lately. Let’s sort through it. … Market Watch with MoneyWellth
