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:

• 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.
• How to create a gift-giving strategy that feels generous and sustainable, plus tips for teaching kids to be kind and money-wise.
• And: Adding bonds to your investment portfolio—why they matter, how to buy them, and how to hold them in your retirement account.

For further reading on the Republican Budget Bill, check out NPR's coverage.