It was the night of August 15, 1971. President Nixon addressed the nation with a plan to correct the balance of payments while simultaneously staving off inflation and lowering rates. It was a new economic policy that closed the gold window and created the international fiat system of money.
Budgets are a big deal. They impact everyone, from the grand scale of national and international to individuals like you and me. While we don’t have much control over grand scale budgets, we do hold the reigns to our budgets.
Things like changing inflation rates can wreak havoc with our hard work. Give your budget a checkup and learn how to combat the four common budgeting mistakes.
Check your Financial Well-being
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