When interest rates are being increased, it impacts the cost of borrowing for all of the American households and it becomes more expensive. Today I want to go through four different typical debts that you might find on your financial books and share some specific steps you can take to be prepared for what may come our way.

IN THIS EPISODE WE COVER:

Intro (00:00)

Pay Down The Largest Balances (1:46)

Variable Rate (4:10)

Shop Around (6:49)

 

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