Rachel DePompa

Richmond

Director of Investigations and Anchor at WWBT-TV (Richmond, VA)

@12OnYourSide Anchor & Director of Investigations. Emmy & Murrow winning Investigative Reporter @InvestigateTV Twin Mom #Podcast: How We Got Here. DC sports fan

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Articles

Tips to manage your financial mental health

1 week ago | kktv.com | Rachel DePompa

(InvestigateTV) — Bankrate’s Sarah Foster says more Americans are feeling the pressure of inflation and rising prices this year compared to last. That’s why she emphasizes the importance of having a financial “break glass in case of emergency” plan—just like knowing where the fire extinguisher is or where to exit in an emergency. A plan can offer peace of mind if your income suddenly changes.
How to recession-proof your finances

1 week ago | kktv.com | Rachel DePompa

(InvestigateTV) — Consumer confidence fell 7.9 points in April, hitting a 13-year low, according to The Conference Board. That drop has many Americans on edge, bracing for the possibility of a recession. Stoy Hall, Founder and CEO of the financial planning firm Black Mammoth, said there are practical steps people can take now to prepare.
Fewer than half of Americans plan to travel this summer, survey finds

2 weeks ago | wcax.com | Rachel DePompa |Daniela Molina

A recent Bankrate survey revealed that just 46% of Americans plan to travel this summer, with cost cited as the biggest barrier.
Fewer than half of Americans plan to travel this summer, survey finds

2 weeks ago | kktv.com | Rachel DePompa |Daniela Molina

(InvestigateTV) — A recent Bankrate survey revealed that just 46% of Americans plan to travel this summer, with cost cited as the biggest barrier. That figure is slightly up, by 1%, from last year, but it still reflects a slowdown compared to the travel surge seen right after the pandemic. “It’s not the same kind of re-invigorated travel that we saw a few years ago,” Ted Rossman, a senior industry analyst with Bankrate, said.
Debt vs. savings? Why you don’t have to choose just one

3 weeks ago | dakotanewsnow.com | Rachel DePompa

(InvestigateTV) — A recent Bankrate study found that 33% of Americans owe more on their credit cards than they have in their emergency savings account, making many question whether to prioritize paying down debt or adding to their savings. Kionnie Epps, a financial educator from the website and YouTube channel The Responsible Homegirl, said this is not an either-or situation: it’s both.
Debt vs. savings? Why you don’t have to choose just one

3 weeks ago | live5news.com | Rachel DePompa

(InvestigateTV) — A recent Bankrate study found that 33% of Americans owe more on their credit cards than they have in their emergency savings account, making many question whether to prioritize paying down debt or adding to their savings. Kionnie Epps, a financial educator from the website and YouTube channel The Responsible Homegirl, said this is not an either-or situation: it’s both.
Debt vs. savings? Why you don’t have to choose just one

3 weeks ago | kgwnscottsbluff.com | Rachel DePompa

(InvestigateTV) — A recent Bankrate study found that 33% of Americans owe more on their credit cards than they have in their emergency savings account, making many question whether to prioritize paying down debt or adding to their savings. Kionnie Epps, a financial educator from the website and YouTube channel The Responsible Homegirl, said this is not an either-or situation: it’s both.
Debt vs. savings? Why you don’t have to choose just one

3 weeks ago | wistv.com | Rachel DePompa

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Ways to handle market volatility

3 weeks ago | fox19.com | Rachel DePompa

(InvestigateTV) — Gallup reported that 62% of Americans are invested in the stock market, many through their 401(k) or IRA retirement accounts. Retirement accounts are generally long-term investments, meaning people have time to watch their money grow and ride out market volatility. Michael Joyce with CW Advisors said that’s exactly why investors shouldn’t panic when they see the stock market fluctuate. He said that how close someone is to retirement should influence their approach to risk.
Ways to handle market volatility

3 weeks ago | wistv.com | Rachel DePompa

(InvestigateTV) — Gallup reported that 62% of Americans are invested in the stock market, many through their 401(k) or IRA retirement accounts. Retirement accounts are generally long-term investments, meaning people have time to watch their money grow and ride out market volatility. Michael Joyce with CW Advisors said that’s exactly why investors shouldn’t panic when they see the stock market fluctuate. He said that how close someone is to retirement should influence their approach to risk.