It's no secret the Fed has been raising interest rates over the last couple years. What most don't realize is that the impact of those higher interest rates impacts debt as compared to savings.
Imagine you want to buy a car. Taking a car loan at a higher interest rate means you'll pay more interest but do you know how much? Saving up to buy a car with cash is another option. How long will that take with higher interest rates on savings accounts?
Join us today to explore the difference between higher interest rates on debts vs savings. Can you guess how to have some of the biggest impacts on your financial future? Find out in The Impact of Rising Interest Rates on Debt and Savings.
Watch the Episode on YouTube:
Watch Our Live With Mark Willis (mentioned in the episode):
https://youtube.com/live/kknOqSmC4Mw
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