Saving For The 'Fiscal Cliff'

, Written by Travis Koch, Posted: Wed, December 26 2012 at 5:45 PM, Updated: Wed, December 26 2012 at 6:20 PM

How should ordinary American's prepare for the so-called 'Fiscal Cliff'?  

Experts believe more people have cut back on holiday spending- A good way to survive January's potential tax increase and spending cuts. But saving may also add pressure to the economy as confidence is expected to decrease if we fall of the "fiscal cliff'.        Finance experts suggest, people may want to reexamine their investments, like 401k, or stocks to ease the pain. However, no is really sure what is to come as Washington has yet to come to an agreement.



About the Author

Travis Koch

News at Sunrise Co-Anchor Travis Koch started his career as a filmmaker. He wrote and directed documentaries about traveling and extreme sports.

Among his many life experiences, he was a dog musher in Alaska and a baker in Minnesota. Travis began his career at NBC5 News as a weekend photographer and has continued to follow his dreams in television broadcasting and multimedia.

Catch Travis co-anchoring with Taelor Rian weekdays on NBC 5 News at Sunrise starting at 5:30am.

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