In this week’s Ask Farnoosh, we’re diving into your money questions and breaking down the big headlines.First up: What the Trump-backed budget bill could mean for your wallet. Farnoosh unpacks the Congressional Budget Office’s $2.4 trillion deficit projection and explains how the proposed tax cuts and spending reductions may impact interest rates, government programs, and your future taxes.Then, in the mailbag:<ul><li>Is the FIRE (Financial Independence, Retire Early) movement right for you? Farnoosh shares her personal take and how she’s pursued financial freedom—without traditional retirement.</li><li>How to create a gift-giving strategy that feels generous and sustainable, plus tips for teaching kids to be kind and money-wise.</li><li>And: Adding bonds to your investment portfolio—why they matter, how to buy them, and how to hold them in your retirement account.</li></ul>For further reading on the Republican Budget Bill,<a href="https://www.npr.org/2025/06/04/g-s1-70435/cbo-trump-republican-bill-deficit" rel="noopener noreferrer" target="_blank"> check out NPR's coverage.</a>

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