Consider this your election cheat sheet to find out what Vice President Kamala Harris and former President Donald Trump are promising to do as they vie for the nation's highest office. Here's where the candidates stand on top economic and personal finance issues.
Both presidential candidates want to lower prices and slow inflation, but whether a president can directly do so is less certain. Inflation, as measured by the consumer price index, has already slowed to 2.4%, well off its pandemic-fueled peak.
Dive deeper: How Harris and Trump Want to Battle Inflation and Lower Prices
The campaign proposals that would most directly impact consumers are tax cuts and credits.
No tax on tips: The candidates' aims are vastly different, but there's one proposal they both support: exempting workers from paying taxes on their tips. But experts say it's just bad policy that doesn't get to the fundamental needs of tipped workers.
Dive deeper: What Trump and Harris Have in Store for Your Taxes
When it comes to health care, the candidates have been light on the details, although both candidates promise to protect Medicare. Here's where they differ.
Dive deeper: How Trump and Harris Aim to Address Your Health Care
Harris wants to increase housing and make it more affordable while Trump has emphasized market-driven solutions. There are two areas that both candidates agree:
Beyond deregulation and opening up federal lands for home building, Trump's plans have been sparse when it comes to housing. However, experts say that his plans to deport millions of unauthorized immigrants could drive up housing prices since the construction industry is reliant on immigrant labor.
Dive deeper: Can Kamala Harris Really Add New Housing, Make It Cheaper?
As president, Harris would likely champion student loan relief and free community college. Trump would likely restrict or dismantle loan forgiveness and promote access to non-traditional degrees.
Dive deeper: Harris v. Trump on Student Loans: Where the Candidates Stand
Trump's plan to deport unauthorized immigrants, en masse, would have unintended, but significant economic consequences including:
Dive deeper: Labor expert: Trump's Immigration Plan Would 'Wreak Havoc' on Workforce, Economy
Hosts Sean Pyles and Anna Helhoski discuss the grand economic promises made by presidential candidates and the intricate realities of presidential influence on the economy to help you understand the real effects on your daily finances.