Great question! And without getting too much into monetary policy.... Fed rates are set by the Federal Reserve which banks use to charge each other to borrow money. A lot of times these rates move together, however, a Fed rate increase does not instantaneously change the rates the bank offers.

Other types of savings account have seen an increase this year such as online savings accounts and fixed annuities.

Any recos for a fee-only financial advisor that’s under $300/hr? Need to understand sole proprietor/small businesses.

Who wants to start a DAO and buy time shares (literally lmao) in a watch.

Can rotate throughout the year 😂

anyone else struggling to buy a place to live in the LA area? the realtor is telling me a JD mortgage with low will make my offer less appealing. has anyone had that experience? there’s no way i’m getting near a 20% down payment on these high prices any time soon.. not sure if i should just give up and try another time

Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

Hi y’all! I’m a financial educator and my job is to help families in need of financial education! I help anyone on learning how money works here in the US & how to get rid of debt! I offer financial products that help you protect and grow your money. I’d love to help you out in reaching your personal financial needs!
I’m also always looking for people to hire!

How to transfer PF fund from hcl to epfo if i was a non pension member???

What price per sq foot to investors start buying in the north ATX home? My home is on the market and not moving. Trying to understand at what price point does it become attractive to investors

In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

So this all seems like mental illness pretending to be investing. Good luck on the gambling. I’m blown away by the people screaming “HODL” with no rationale. I’m 100% out

What are the best ways of tax exemption

How much are you contributing to your 401k?

Can anyone tell me where I can declare a home loan in the Payroll portal?

I am a little confused...

Looking for few suggestions for high risk/high return stocks at current level which have potential to double/ triple in next 3-4 years...

What do you all use to file for taxes after switching to h1b?

I have a LOT of credit card debt. It has just grown over time and I can’t find my way out. I’m considering debt consolidation, specifically a company called National Debt Relief which seems legit but I’m just so hesitant because I’m scared to make my situation worse. Or a personal loan to pay off all the CC debt and then have a smaller all in one payment. I’m intelligent and I work in finance, it’s so embarrassing. HELP.

Can't register for binance or bittrex 😮

Hello :) I am moving locally within the Bay Area in couple of weeks and all the movers & packers I am getting quotes from, prefer to be paid in cash (there is a convenience fee with credit card payment). What are the advantages/disadvantages of either method of payment? Thanks :)

Do you use audio books or find them useful?

If I joined verizon in June / July 2022 would I be eligible for hike in Jan 2023 / March 2023 ? What's the hike percentage like ?

Anyone here from modern delivery team? Under CIO Advisory?

Rebirth island very fun

Any one knows about Navistar Project?

I can’t find a new job after searching for more than a year at this point. BRUH

Just curious: how much time would you bill for on prepping instructions to a FA for a response? Feel free to break down by how long you’ve been practicing, complexity, or any other factor you think is relevant.

Just got excited to get a text and step away from work for a second, only to find it’s my VPNs 2 step verification. 🙃

To everyone that’s been laid off I just want y’all to know that I’m with you. That is why I’m doing the bare minimum until it’s my time to go.

Best Halloween parties in Los Angeles?

33yr, naija boy in equity research in NY

Hey Fishes.. any idea on Monthly Overseas Allowance (MOA) . Is it part of Fixed salary (net as mentioned in Offer) or and addition to it.

When messaging a recruiter on LinkedIn, is it best to send a short note about why I’m the best fit for the gig, write a mini cover letter, ask for a time to chat, or something else? Thanks in advance!

How supportive are your companies when it comes to taking PTO for mental health days?

Is it a good idea to accept LinkedIn invites from people you don't know or don't send any type of note along with their invite? I'm all for networking, but shouldn't a stranger send a note saying why they want to connect with you? (i.e. we work in the same industry and thought it might be good to connect?)

37 / 13 years / 215K / PDX

Hey everyone! Does anyone have a list of top companies in the US that are truly diverse and inclusive. I’m disabled poc and a recent grad as of December 2021 and I’m looking to start applying to other jobs as my current company has not been accommodating at all. TIA!

I’m 9 weeks tomorrow! My husband and I are starting to explore savings options for baby. We’ve looked into 529s, custodial accounts, a Roth, high-yield savings… and I don’t know what’s the best option, I feel overwhelmed. Would love to hear what others have done or are considering! TIA

If the traditional 60-40 stocks/bonds portfolio is getting crushed, what can we do to add market volatility control during these weird economic times?

I want to make tons of money to be able to have freedom of time for service. The recovery community is my main gig. What types of service do you enjoy and why?
What is your WHY! Please share?

What are your experiences with IUL?

I am looking for a tool to help with determining how much money I will need monthly when I retire. Any suggestions?

Welcome to The Financial Life! I am excited to meet a variety of individuals, families and businesses to talk MOnEY! As you know, growing money is one thing but keeping it is a whole different game!