The Trump Effect on Your Wallet

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By Christine DiGangi

As the 2016 presidential race heats up, there’s one candidate who seems to be making more headlines than the rest: Donald Trump. Whether GOP candidate Trump can ride the massive wave of attention he’s received all the way to the White House remains to be seen, but if he does, it’s very possible his presidency could affect you and your money.

Let’s talk specifically about thepersonal finance impact. As with all political policy proposals, it can be very difficult to pinpoint how unknowns might influence individuals’ lives. On top of that, many candidates’ ideas (including Trump’s) lack the details necessary to estimate potential effects, but one thing is certain: Changes don’t happen in an vacuum.

There are always the questions, “How are you going to pay for that?” and “What’s the trade off?” While all aspects of those arguments haven’t been addressed, there are plenty of things voters should consider about how a Trump presidency could affect their finances.

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