CKPG Today Money Matters
How to plan and understand interest rates for your life
Jul 25, 2023 | 12:44 PM
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Interest rates are complicated. Not only in how they implicate your life in different ways, but also how they get determined and all of the financial lingo around them. What is a prime rate anyways? We dig into the topic for this week in Money Matters.
Interest rate changes affect more areas of your life you may think, virtually everything you do on a given day can be impacted by them in one way, shape, or form.
As the Bank of Canada continues to adjust rates it is important to understand them and how you need to adjust your life. The best advice from Integris Credit Union is always talking to a financial expert as everyone’s scenario is unique.
