Will It Help? 
The Fed met today to discuss monetary policy and voted to cut it's federal funds rate from 4.5% to 4.25%.    The Fed has shifted its focus from fighting inflation to preventing a recession.  There's an interesting article in this week's Business Week that questions how much influence the Fed's policy has in this cause.   Cutting rates to slow economic growth and tame inflation seems to be an easier objective than stimulating growth.   Please keep in mind that this cut will most likely reduce the interest rate on your Home Equity line and prime based credit card(s).  Normally a cut like this would cause interest rates to increase in the short term but it appears that fixed interest rates will continue their trend down.   If you have not had your annual review with us, please call to schedule it.  This has become such a valuable resource to so many clients.  You can schedule a phone call or come in and meet in person, either way, it will be tremendously valuable to you.

Cashflow Coach Blog
If you would like to stay updated with current events and financial planning related content, check out our blog.   We will be updating this on a regular basis.  If you have specific questions or want further clarification about the topic being discussed, please leave us a comment on the blog site.   You can even subscribe to our blog by signing up for our RSS feed.  Stay tune for more exciting content.