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Democrat Wes Moore is running against Republican Dan Cox in Maryland's gubernatorial race. Maryland's gubernatorial candidatesMoore is a combat veteran in the US Army and a small business owner. Born and raised in Maryland, Cox served for over 15 years as a constitutional attorney and was previously the Republican nominee for Congress for Maryland's 8th Congressional District. Larry Hogan, who endorsed — to no avail — former Maryland Commerce Secretary Kelly M. Schulz in the Republican gubernatorial primary. The money raceAccording to filings with Maryland's secretary of state, Moore has raised $2.7 million, spent $1.4 million, and has $1.3 million of cash on hand, as of late August.
There are steps you can take now to ward off any negative impact a downturn could have on your finances. "This can help weather the storm without having to tap into retirement assets or using high interest rate credit cards or loans," Wallace said. Paying down credit cards generally comes after establishing an emergency fund, due to the relief extra cash can bring in a downturn, Wallace said. The Federal Reserve's continued interest rate hikes will push the cost of unpaid balances even higher. Even asking your current credit card company for a lower interest rate may work.
The federal funds rate, which is set by the U.S. central bank, is the interest rate at which banks borrow and lend to one another overnight. As the federal funds rate rises, the prime rate does, as well, and your credit card rate follows suit within one or two billing cycles. "A 0% balance transfer credit card may be your best weapon in the battle against credit card debt and rising interest rates," he advised. Federal student loan rates are also fixed, so most borrowers won't be impacted immediately by a rate hike. Of course, anyone with existing education debt should check whether they are eligible for federal student loan forgiveness.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBilfinger CEO: Maximising nuclear power would ease EU energy crisisThomas Schulz, CEO at Bilfinger, discusses EU energy supply, continental infrastructure, and nuclear as an alternative, sustainable source of energy.
On the morning of Nov. 29, 1985, a couple entered The University of Arizona Museum of Art in Tucson, Arizona. Within minutes, "Woman-Ochre" — a painting by the Dutch-American artist Willem de Kooning — was gone. The University of Arizona Museum of ArtAmong Van Auker's purchase was a painting that hung behind the couple's bedroom door, he told CNBC. Badly damagedOnce the museum took possession of the painting, Miller said, the search was on to find a conservator with the expertise required to repair it. When the painting was returned, it was in "very poor condition," said Laura Rivers, associate paintings conservator for the J. Paul Getty Museum.
Knowing where to find your credit score and understanding what it means are key to effectively managing your finances. There are also a number of websites, like Credit Karma, that offer free credit scores when you sign up for their services. Length of credit history (15%): A longer credit history is a positive, but not a requirement for a good score. Credit score vs. credit reportIf you look at a credit score as the grade lenders use to determine your creditworthiness, think of the credit report as all the "work" that goes into that grade. Keeping a close eye on your credit score and credit reports, whether you get them for free or pay for them, are key to staying on sound financial footing.
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