As you saw with Jason, interest rates can have a big impact on your finances.

Let's go over 5 ways to make interest rates work for you! 🫵

1️⃣ When interest rates are low, it’s a great time to purchase things you need.

They’ll generally be cheaper 🛍️

2️⃣ Calculate interest before agreeing to loans.

Negotiate for a lower rate based on what rates other people are getting 📜

3️⃣ Consider using a high-yield savings account.

It's like storing your money in a supercharged piggy bank! 🏦

4️⃣ When interest rates are high, avoid making big purchases, like cars and houses, if you can 🏡

5️⃣ Avoid any credit card debt, if you can.

If interest rates are high, fees will be higher and debt will hurt both your wallet and your credit score 😢

We’ve reached the end of our journey on interest rates.

Hope you’ve learned a lot! 💖