What the Fed Rate Cut Means For You

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.6 • 1.7K Ratings

🗓️ 23 September 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Last week, the Fed cut interest rates by 0.5%. While it's a small number, it could have a big impact on your finances. Today, Nicole explains how. $ Take control of your finances by using a Chime checking account with features like no maintenance fees, fee-free overdraft up to $200, or getting paid up to two days early with direct deposit. Visit: http://chime.com/MNN $ Looking for the perfect holiday gift for your coworkers, friends, and everyone in between? Choose Nicole’s favorite wine, Justin. Get 20 percent off your order for a limited time with the code “MONEY20” at http://justinwine.com/ $ Ready to find a financial advisor that’s right for your financial goals? Get matched with a trusted, vetted financial advisor at: http://moneypickle.com/MNN All investment strategies involve risk of loss. The information shared in this podcast is for informational and entertainment purposes only. Listeners should do their own research and consult a financial advisor before making any investment decisions. See terms for additional details: https://moneynewsnetwork.com/terms/

Transcript

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0:00.0	By low, sell high. It is such a simple concept, but not necessarily an easy concept.
0:06.5	Right now, high interest rates have crushed the real estate market. Prices are falling
0:11.0	and properties are available at a discount, which means that Fundrise
0:14.9	believes now is the time to expand the Fundrise flagship funds billion dollar real estate portfolio.
0:21.7	You can add the Fundrise flagship fund to your portfolio in just minutes
0:25.4	and with as little as $10 by visiting Fundrise.com slash money rehab. That's F-U-N-D-R-I-S-E dot com slash money rehab. That's F-U-N-D-R-I-S-E.
0:33.8	dot com slash money rehab.
0:35.4	Carefully consider investment objectives, risks, charges, and expenses of the Fundrise flagship
0:40.4	fund before investing.
0:42.1	This and other information can be found in the fund's
0:44.4	prospectus at fundrise.com slash flagship. This is a paid advertisement.
0:49.2	One of the most stressful periods of my life was when I was in credit card debt. I got to a point where I just
0:54.7	knew that I had to get it under control for my financial future and also for my mental health.
0:59.9	We've all hit a point where we've realized it was time to make some serious money moves.
1:04.5	So take control of your finances by using a time checking account with features like no maintenance fees,
1:09.9	fee-free overdraft up to $200, or getting paid up to two days early with direct deposit.
1:15.4	Learn more at chime.com slash MNN. When you check out chime, you'll see that you can overdraft
1:20.3	up to $200 with no fees.
1:22.6	If you're an OG listener, you know about my infamous $35 overdraft
1:26.4	fee that I got from buying a $7 latte
1:28.4	and how I am still very fired up about it.
1:31.0	If I had Chime back then, that wouldn't even be a story. Make your fall finances
	...

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