The Fed plans to keep the interest rate low through the year 2014, but we are still a short time away from another showdown in Washington regarding the debt ceiling. In the meantime, what happens on Wall Street doesn't stay there. Too many people believe that the global or national problems won't impact them, but it does. It trickles down to employment, access to money, and assistance programs. When things get tougher, which they could, these things dry up.
We have an economic problem that took decades to create, it will take years, maybe more than a decade to fix it.
Wealth consultant James Studinger explains what you should do now to protect your household's bottom line during these tough times.
