Will Fed Rate Cuts Really Save You Money? || The Truth About Loan Payments! || Hack Your Finances

3 months ago
50

Discover the truth behind the Fed rate cuts and whether they truly lower your loan payments. In this video, we dive into how Fed rate changes impact car loans, mortgages, personal loans, and credit cards, revealing why these cuts might not save you as much as you think. We also provide practical strategies to help you reduce debt faster and smarter using calculators, and share tips on asset investment to grow your wealth. Learn what the rich know about financial freedom and how to beat inflation.

Timestamps:
00:00 - Fed rate cuts: What to expect
01:42 - Credit card rates and Fed impact
03:22 - Car loans and personal loans explained
04:20 - Why refinancing may not help much
05:45 - Real savings come from managing big expenses
07:09 - Credit card payoff calculator example
08:44 - Final thoughts on financial freedom and debt

➤ All Calculators : https://hackyourcreditcards.com/calcs
➤ Credit Card Calculator used in this Video: https://hackyourcreditcards.com/cc

Credit Card Rates : https://www.lendingtree.com/credit-cards/average-credit-card-interest-rate-in-america/
Personal Loan Rates: https://www.businessinsider.com/personal-finance/average-personal-loan-interest-rates
Car Loan Rates: https://www.nerdwallet.com/article/loans/auto-loans/average-car-loan-interest-rates-by-credit-score

✅ My Crypto Channel : https://www.youtube.com/@HackYourCrypto

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Calculators: Credit Card, Mortgage and more:
➤ All Calculators : https://hackyourcreditcards.com/calcs

Playlists:
➤ CREDIT CARDS: Reviews, Rewards & Hacks: https://www.youtube.com/watch?v=YKKlGtIHNeM&list=PL_AxT2ZAuzX4w8wN_aIbU6QH3lu6L8cT2
➤ INVEST: Mastering Stocks, ETFs, Dividends & Crypto: https://www.youtube.com/watch?v=_DHQSRYiCuc&list=PL_AxT2ZAuzX7J4myMRTa2IoJ2YEnO90tq
➤ GET OUT OF DEBT - Guides to Conquering Your Debt: https://www.youtube.com/watch?v=g6w1Yg4C87w&list=PL_AxT2ZAuzX6rvsDYqSoTq_qM_EuDJvA7
➤ GET OUT OF DEBT - Six Video Course: https://www.youtube.com/watch?v=c8WNeE3kjf8&list=PL_AxT2ZAuzX5_v01x5UIWx7w7Fb_nIno0
➤ GET OUT OF DEBT - Velocity Banking: https://www.youtube.com/watch?v=Br9x45l6fnM&list=PL_AxT2ZAuzX6C-tUak7BkvrR0-lMq3D2O

Brokerages (Stocks)
➤ Interactive Brokers : https://hackyourcreditcards.com/ibkr
➤ Fidelity : https://hackyourcreditcards.com/fidelity

Gold & Silver
➤ Vaulted : https://hackyourcreditcards.com/vaulted

IRAs for Crypto
➤ iTrustCapital : https://hackyourcreditcards.com/itrustcapital
➤ Bitcoin IRA : https://hackyourcreditcards.com/bitcoinira
➤ BitIRA : https://hackyourcreditcards.com/bitira

Crypto Purchasing
➤ Coinbase : https://hackyourcreditcards.com/coinbase
➤ Crypto.com : https://hackyourcreditcards.com/crcom
➤ BitUnix (has most coins) : https://hackyourcreditcards.com/bitunix

Stock & Crypto Charting
➤ Trading View : https://hackyourcreditcards.com/tradingview

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DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. Always do your own research. This video content is intended only for informational, educational, and entertainment purposes. Brian Longest is not a registered financial advisor. Your use of his YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTub and E-Mail) for communications with Brian does not establish a formal business relationship.

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