Robert Frick

About Robert Frick

Robert Frick is the corporate economist for Navy Federal Credit Union. He holds a B.A. (Journalism) and an M.B.A. from the Pennsylvania State University, and was a financial and business journalist, including working as a newspaper business editor and senior editor for Kiplinger’s Personal Finance magazine. He was also editorial director of a financial publishing firm and is an expert in behavioral economics, having published more than 50 articles on the subject, and having worked as a researcher, writer and speaker for the Allianz Center for Behavioral Finance.

Consider Renting a Car for Longer Trips

Renting a car instead of driving your own is often a great deal. Thanks to some big changes in the auto industry, it could be an even bigger deal, saving you hundreds of dollars. The [...]

By | November 16th, 2018|Decoding the Economy|

Get a Great Deal on an American Sedan—While you can

The American sedan is an endangered species. Sedans sales have taken a back seat to SUVs, crossovers, and pickup trucks in the hearts of American consumers. But while auto makers retool to make more SUVs [...]

By | July 27th, 2018|Decoding the Economy|

Want a Big Raise? Switch Jobs

But this move-to-improve chance won’t last forever. If you want a bigger paycheck, consider moving to a boomtown. As opposed to just a few years ago, there are now plenty across America, and the economic [...]

By | July 3rd, 2018|Decoding the Economy|

Rising Inflation: What You Need to Know

You've probably heard inflation is rising. Given it affects how much our hard-earned dollars can buy and reflects the health of the economy, knowing how high it will likely go is important. And a crucial [...]

By | May 24th, 2018|Decoding the Economy|

Why Interest Rates Move

Interest rates on loans, investments and bank accounts are going to be rising this year. But what causes these increases anyway? You've probably heard about the Federal Reserve (“the Fed”) raising rates – most recently [...]

By | March 30th, 2018|Decoding the Economy|

Why 2018 is the Year to Grow Your Small Business

Years ago, when I was a business reporter for an Upstate New York newspaper, I wrote about a manufacturing firm that had just announced a doubling of its staff. When I interviewed the CEO, he [...]

By | March 6th, 2018|Better Your Business|

3 Rules for Weathering High Interest Rates

When a snowstorm bears down on Northern Virginia, where I live now, panic is sometimes the order of the day. A few inches shuts down schools, empties grocery store shelves and litters road shoulders with [...]

By | February 23rd, 2018|Decoding the Economy|

2018 Could Be Your Year to Buy a Car – But Think Twice About Trucks

Used car prices have been falling for a couple years, and that trend should continue in 2018, making it a good time to find deals on cars. The main reason: a flood of off-lease vehicles [...]

By | January 10th, 2018|Decoding the Economy|

How Confident Are Consumers Today?

The two main surveys of how people feel about their financial well-being – Consumer Confidence and Consumer Sentiment – typically move along roughly the same path. Right now they’re both high, which is good, considering about [...]

By | October 3rd, 2017|Decoding the Economy|