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How rising interest rates affect small businesses

Rising interest rates can make running a business more expensive. But you can also benefit by earning more interest on your working capital. 

 

5 Tips to Level Up How You Budget Ready to take your budgeting to the next level this year? These tried-and-true strategies can take your budget from drab to fab. 4 ways higher interest rates impact your finances Interest rates impact the cost of borrowing, lending and what American consumers pay for goods and services. Here's what to consider. Adjusting your retirement plan Are you reconsidering your retirement strategy because you lost your job, suffered a financial setback, or your retirement account took a hit due to the coronavirus crisis? If so, try not to panic. 7 steps to help you prepare financially for changing jobs Many people resigning at work don’t consider the true cost of changing jobs. Our 7-step financial checklist can help you prepare you to transition to a new job.  What is inflation Inflation refers to rising prices throughout the economy. The causes can be complex. The Fed's actions to raise interest rates may ease the pain. What is a recession With economic uncertainties suggesting a recession may come soon, learn how to prepare yourself to keep your finances strong. Top Tips of 2022 Economy

Learn key economic terms and their impact on your finances with our most popular articles and tips from 2022.

Ease the impact of inflation No one knows when inflation will slow. Take these steps to ease inflation's effects now while also preparing for a more sustainable financial future. Coronavirus stimulus payment The IRS will be distributing stimulus payments due to COVID-19. These 7 strategies can help you make the most of your money based on your unique needs.