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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. How to afford a home with rising interest rates Buying a home may seem challenging with higher home prices and mortgage rates. These 10 tips can make home buyer's mortgage payment more affordable. Unexpected Job Loss Many people are currently facing sudden loss of income, here are 10 steps to take if job loss happened to you. Talking to kids about financial changes As parents, we want to protect our kids from the realities of household finances. But if you’ve experienced financial changes, it’s smart to talk as a family. Here are age-appropriate ideas. Ways to help your community during COVID-19 Whether you’re “social distancing” or quarantined, you can support your neighbors and your community. Here are 5 ways to help. 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. 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.