What Happens When Interest Rates Rise in Canada? 🇨🇦💸

Rising interest rates are impacting everyone's wallet, from mortgages to credit card bills. In this video, we dive into how increased borrowing costs are affecting personal finance and what you can do about it. Discover the silver lining of higher rates with better returns on savings accounts and learn essential tips for managing your finances effectively: from cutting unnecessary expenses to paying down debt and creating a strong budget. Stay informed and make smart financial decisions in this changing economic landscape! #PersonalFinance #InterestRates #MoneyManagement #Budgeting #DebtFreeJourney

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