2015 is here. Doesn’t it feel like 2014 just flew by? It’s amazing though just how much has happened in the last year. We had elections that changed the political balance in the United States, a return to the Cold War days with Russia stirring a revolt in the Ukraine, and multiple commercial planes crashing or just disappearing out of thin air. 2014 also had some major shifts for the American and World economies.
Overall, 2014 was a pretty good year financially for the World and especially for the United States. Since 2008, many Americans have really been struggling, but last year felt like the first time we really saw some significant relief. The economy definitely isn’t back to full steam but the economic trends in 2014 give hope that things are on their way to getting better. Hopefully we can keep this momentum going into 2015 and see the country emerge even stronger.
Keeping track of financial trends is much more than just staying informed or satisfying your own curiosity. It’s also important to keep track because this information can help you shape your career goals, figure out your travel plans, and get you prepared for whatevers coming next in the near future. We definitely saw some changes that will make your budgeting a little easier at least for the next few months. These trends also suggest it would be a good time to ask for a raise, travel abroad, or plan a cross-country trip.
To help you get prepared for the New Year, here are the top five financial news stories of 2014 that will continue to save you money into the new year. Isn’t good news wonderful?