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The middle class spans a wide swath of income levels from around $50,000 annually to $150,000.
First, lets take a look at some of the ways yourbudgetmay be affected by Trumps policies.
For those in high property tax states, there is a possibility of lifting the current cap on deductions.
Inflation is likely to rise again depending on how Trumps tariffs impact prices.
Be Patient With Investments
If youre hoping for consistency in investment, be careful, Johnston warned.
Expect volatility including potential over-reactions to policy initiatives, he said.
Its always best to keep in mind the market typically rises like an escalator but drops like an elevator.
Changing insurance can help reduce your escrow payment.
If you havecredit card debt, see if your bank or lender can lower the rate.
Times of economic change call for being careful, thoughtful and frugal.
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