What is Stagflation and Should You be Worried

You may have heard the word stagflation before, but do you know what it is? Stagflation is a word penned from combining stagnation and inflation, and was first used in 1965 by a British politician by the name of Lain Macleod. He warned of a time when this could occur, where the inflation rate was higher than the rate of economic growth.

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How to Tweak Your Budget When Unemployed

Unemployment can drastically change your finances — obviously. And with this drastic change comes a need to tweak your budget. Even if you have an emergency fund with a good bit saved up, it is still a good idea to tweak your budget. This way, your emergency fund will be depleted at a slower rate, lasting longer and giving you the additional time you might need to find a job. Here are some things to consider as you tweak your unemployment budget after you lost your job:
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