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The Federal Reserve just raised interest rates for the first time since 2023, and they hinted at 1 more rate hike possibly this year. How does that change your money? Here are 4 ways: 1️⃣ Your credit card, HELOCs, and adjustable rate loans are tied to the prime rate, and they are going to get more expensive within 1-2 cycles. If you carry a credit card balance, paying it down now is the best guaranteed return you can get. 2️⃣ your high yield savings should earn more if your bank passes the rate
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Founders in London: dinner with people who understand what it’s like to build something? I’m keeping the first supper club small, and the interest form closes tomorrow. Comment or dm me “DINNER” and I’ll send it to you 🍽️ #londonfounders #foundercommunity #londonstartups #londonevents #supperclub
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