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Save your cash

Save your cash

Save your cash. That’s what the Feds want when they raised interest rates again. To combat inflation they raised rates another 3/4 of a point. That means is costs more to borrow money whether it’s a mortgage, auto loan, or credit cards. The higher the cost to borrow money, less likely a consumer will spend less. In other words, save your cash. If you were debating to renovate your home, you might be thinking twice. Borrowing money to do so…

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