What if interest rates rise faster than expected?

What if interest rates rise faster than expected? The US Federal Reserve may raise interest rates twice as often as the market expects in 2018, according to AMP Capital Head of Investment Strategy and Chief Economist Shane Oliver. “This year we think the Fed is going to raise rates more than the market is allowing for,” says Oliver. “Market expectations are factoring about two and a half hikes and we actually think they will do …

4 Things You Wouldn’t Think You Need to Budget For, but Need to Do

4 Things You Wouldn’t Think You Need to Budget For, but Need to Do Most people that start a budget tend to overlook some important things such as repairs when making a budget. When the need for a repair arises, they have to take money out of their savings or take money out from other areas of the budget such as money allocated for food. In doing so, it may ruin their finances. Our advice …