How do you feel about the recent interest rate rise announcements? The interest rate hikes sure have been quick. In a recent video Dave Ramsay spoke about 'The great thing about the fed raising interest rates' and this video is about a recent email from the Barefoot Investor explaining why he loves higher interest rates and the benefits on those interest rate hikes.

The barefoot investor gives 4 reasons why he likes the latest interest rate rises and these were:
1. They give people an incentive to save money.
2. They discourage people speculating on dumb things.
3. They bring down house prices and give first home buyers a chance to get in.
4. They help pensioners earn a few crumbs without risking all of their money in the share market.

LINKS MENTIONED IN THIS VIDEO:

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BOOKS TO READ
Motivated Money: [ Ссылка ]
DIE WITH WITH ZERO: [ Ссылка ]
The Simple Path to Wealth: [ Ссылка ]
Your Money or Your Life: [ Ссылка ]
The Index Card: Why Personal Finance Doesn't Have to Be Complicated: [ Ссылка ]
I Will Teach You To be Rich: [ Ссылка ]
The Barefoot Investor: [ Ссылка ]
Money Made Simple by Noel Whittaker: [ Ссылка ]
Atomic Habits: [ Ссылка ]
The 5am Club: Own Your Morning, Elevate Your Life: [ Ссылка ]

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The information on this YouTube channel and the links provided are for entertainment and general information only and should not be taken as constituting professional advice. I am not a financial advisor. The information on this channel is personal to my situation and does not take into account your personal circumstances. You should do your own research and if necessary consider seeking independent financial advice that is related to your unique circumstances.

#interestrates #mortgage #inflation

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