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In his inauguration speech, President Trump vowed his Cabinet will defeat inflation by using "the vast powers at their disposal." How should Americans expect the administration's economic policies to affect their personal finances as they work to bring down their own debt?
"At the end of the day, there's just these personal finance pillars that are important for everybody, no matter who's in office, no matter what inflation rates are doing, no matter what wages are doing," Ramsey Solutions master financial coach and debt elimination expert Jade Warshaw discusses with Brad Smith.
"It's important to be a good steward of the money that you have and your... personal purview. And that really just looks like being a person who's always on a budget. That's part of how you handle money."
The debt-free entrepreneur calls tariffs a "scary word" for budgeters navigating rising prices in everyday expenditures like gasoline (RB=F) or coffee (KC=F).
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This post was written by Luke Carberry Mogan.