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Rainy day funds could come in very handy over the next few months.
Here are the five money issuesthe middle class should focus on in 2025, according to experts.
This leaves nearly half unprepared for unexpected events like medical emergencies or job loss.
Despite this uptick, inflation has declined year-over-year from 3.4% in December 2023.
Debt has a tendency to accumulate unexpectedly, saidJason Hishmeh, co-founder of Varyence.
One moment you have a minor credit card balance; the next you find yourself overwhelmed by monthly obligations.
Investing
Middle-class households must counter inflations effects by re-evaluating their investment strategy, Martin said.
One key approach is investing in assets that can appreciate over time, the expert noted.
Finally, invest with the long-term in mind, saidAsher Rogovy, chief investment officer at Magnifina.
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