Surviving the high interest rates: tips to navigate the next few months

Investopoly · Jun 27, 2023 · 16m

Read the full blog here. How long can we expect the current high interest rates to stick around, and what can we do to navigate this challenging financial climate? I share my insights and tips on managing debt and restructuring loans to soften the blow of rising rates, while also taking a look back at interest rates over the past 40 years to make sense of the current situation. As we explore the impact of these higher rates on consumer spending, I also discuss how Australians have been taking advantage of lower interest rates by building up their buffers and reveal the surprising reasons why…