Suze Orman's Advice for Preparing for Hard Times: 'Assume You Are Laid Off'

·3 min read
Suze Orman's Advice for Preparing for Hard Times: 'Assume You Are Laid Off'

In an effort to bring the cost of living down, the Federal Reserve is implementing interest rate hikes, which are apt to make borrowing money in the form of credit cards, personal loans, and HELOCs more expensive. Right now, the national unemployment rate is low, and the labor market is filled with available jobs.