At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET. Share ⁠your finance stories here!⁠ For full show notes, visit https://familyfinancemom.com/rising-interest-rates/ Today’s topics included: 🐷 Why “nonfarm payrolls” when discussing employment data?🐷 Do you recommend closing credit cards to curb spending in the current economy?🐷 Thoughts on using “velocity banking” method to pay down debt?🐷 Is a HELOC a bad idea?🐷 Can companies be incentivized to lower profits to help inflation?🐷 Fed decision ___________________ Follow Family Finance Mom everywhere... Instagram: ⁠⁠⁠https://www.instagram.com/familyfinancemom/⁠⁠⁠ YouTube: ⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠ Twitter: ⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠ Get the weekly newsletter here: ⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message