Holiday Travelers Feeling The Higher Costs, Take A Break From Spending, Apple Pay Later Has Launched

75% of Holiday Travelers Are Cutting Back. Are You? | Financial Fasting Can Trim the Fat From Your Spending | Save and Earn Great Rates Created for {EMAIL} | [Web Version]( November 3, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] TOP STORY [] [75% of Holiday Travelers Are Cutting Back. Are You?]( [75% of Holiday Travelers Are Cutting Back. Are You?]( (Getty Images) A big part of many people’s holidays is spent traveling. Inflation has driven up costs of flying and that hasn’t dampened the post- pandemic pent-up desire to reconnect with family and friends. Travelers are pivoting and changing plans and making concessions to keep that trip on track. [Are you traveling for any of the holidays this year? Read on to see how your plans stack up against those surveyed](. [Benefits and Drawbacks of Borrowing Money From Your 401(k)]( What are the benefits and drawbacks of taking a loan against your 401(k) vs. withdrawing funds from it? Explore reasons why people borrow against their 401(k). [LEARN MORE]( ADVERTISEMENT [] SPENDING [] [Financial Fasting Can Trim the Fat From Your Spending]( [Financial Fasting Can Trim the Fat From Your Spending]( (Getty Images) Financial fasting can put the value of a dollar back into perspective. Taking a day or a week off from spending frees up cash to pay down debt or add to savings. It can force you to reassess your values and reconnect with those closest to you. [Stephen Dunbar, executive vice president of Equitable, explains the many ways financial fasting can positively impact your lifestyle — and how to plan your first financial fast](. Here’s how to do it [] SAVINGS ACCOUNTS [] [Save and Earn Great Rates]( Since March 2022, the Federal Reserve has raised interest rates 11 times in an attempt to lower inflation, which has caused rates on savings accounts and CDs to rise. At the most recent Fed meeting in November, the central bank decided to hold interest rates steady. This could push savings rates slightly higher. However, as inflation continues to cool, savings rates could drop, so consider taking advantage of rates while they're still high.You can use our new tool below, in partnership with Bankrate, to compare rates on CDs and high yield savings accounts today. [] [How Much Should I (or my Student) Take Out in Student Loans]( How to strategically manage your debt and balance student loan repayment with other financial priorities. [LEARN MORE]( ADVERTISEMENT [] ALSO ON KIPLINGER [] - [Apple Pay later launches]( across U.S. — Here's how to use it - [Bright spots]( amid commercial real estate struggles - Home [sellers' costs could soon be cheaper]( due to this court case - Finally! Passport [processing times speed up]( [Are You Maximizing Your Portfolio?]( An advisor can help you determine if you are making the most out of your portfolio so you can make the most of your retirement. Take this short quiz to get matched with up to 3 vetted financial advisors serving your area. It's never too late to work towards financial freedom. Get started today. [LEARN MORE]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](concat('mailto:',$brief_feedback_email)) | [ADVERTISE]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036