What Do Rising Interest Rates Mean For You? - Episode 41
Based on the book "Killing Sacred Cows: Overcoming the Financial Myths that are Destroying" by Garrett B. Gunderson and Stephen Palmer, Curtis explains how people should be aware of what’s going on around the rise of interest rates to be prepared...
Based on the book "Killing Sacred Cows: Overcoming the Financial Myths that are Destroying" by Garrett B. Gunderson and Stephen Palmer, Curtis explains how people should be aware of what’s going on around the rise of interest rates to be prepared for how this may affect your finances.
He also talks about how to preserve your capital and shares with us a classical definition of inflation.
Curtis’s motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com
Links and Resources from this Episode
- www.practicalwealthadvisors.com
- Email Curtis for a free report - curtmay@gmail.com
- Call his office - 610-622-3121
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Show Notes
- Why you have to think about economics - 1:24
- He talks about the Federal Reserve - 4:00
- Why the Federal Reserve wants to raise rates - 7:50
- Understanding inflation - 9:50
- What happens if your credit is bad? - 15:10
- He tells us four things that we should do for outcoming opportunities - 16:15
- Get prepared to borrow before you need it - 24:15
- He talks about a credit plan - 25:30
- How to build your credit - 26:21
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