spry. guys on interest rates.
interest rates.
join the spry. guys as they discuss the imminent interest rate decision/s and the areas it will impact your personal financial planning.
the SARB announce our local interest rate decision today - what do you think will happen? How deep do they cut, 25bps or 50bps?
here are a few tips when it comes to interest rates:
stay informed:
keep track of repo rate announcements and understand how they might impact your finances.
review your debt:
if you have variable-rate loans, consider how potential rate changes might affect your repayments. It might be worth exploring fixed-rate options for more stability.
build an emergency fund:
having savings to fall back on can help you weather periods of higher interest rates.
seek professional advice:
a financial planner can help you navigate the complexities of interest rate changes and adjust your financial strategy accordingly.
consider your investment strategy:
in a rising interest rate environment, reassess your investment portfolio to take advantage of potentially higher returns on interest-bearing investments.