In a historic move that sent shockwaves through global markets, Moody's downgraded the United States' sovereign credit rating from its pristine 'Aaa' status on May 16, 2025, citing concerns over the nation's ballooning $36 trillion debt. This unprecedented decision, the first in over a century, has far-reaching implications for the average American's personal finances. As the economic landscape shifts, understanding how this downgrade affects your budget, savings, and borrowing costs is cru...