What higher interest rates mean for your money

Even as Federal Reserve Chairman Kevin Warsh implements measures to curtail so-called forward guidance — or how the Fed signals its future rate moves — investors are largely expecting an increase in interest rates in the months ahead. The central bank has kept rates on hold all year as officials deliberated next steps with inflation remaining well…

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Using the viral trend to save, budget, build wealth

ViewApart | iStock | Getty Images As consumers look for ways to strengthen their financial footing, a new trend is gaining steam on social media — and, for once, it doesn’t involve buying anything. “Moneymaxxing,” a movement aimed at financial improvement, encourages people to maximize their budgets by trimming recurring expenses, redeeming rewards points —…

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What to know before selling, renting or keeping it

A version of this article first appeared in CNBC’s Money 101 newsletter with Sharon Epperson, an eight-week financial education series with special monthly editions. Sign up to receive the newsletters, straight to your inbox. They’re also available in Spanish. When Ashton and Adison Lawrence inherited their grandmother’s South Carolina home earlier this summer, the brothers knew they…

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