Before an interest rate cut, there are several smart moves you can make with your money to maximize potential gains and minimize possible losses:
1. Refinance Your Mortgage: If you have a mortgage, this can be a great time to refinance. Oftentimes, if the interest rates are lowering, it means that you can refinance your home for a lower monthly payment.
2. Pay Off High-Interest Debt: It’s always a smart move to prioritize paying off high-interest debt like credit