Welcome back to another episode of the 360 Money Matter Podcast! For today’s episode we will be discussing with you the RBA (Reserve Bank of Australia) increasing interest rates, the effect of it on those of us that have a mortgage and what are some of the things you can do to position yourself. So tune in now to get some ideas and strategies on how you can manage this.
This is a key time to examine your expenses and cash flow, create a budgeting plan, and implement many more timely things that can be effectively used in this period of uncertainty
This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights:
- The RBA rate increases
- Inflation as a key driver of decisions
- Impact of the cash rate decision to the interest you will pay
- Importance of a cash flow management and the budgeting plan
- The Cash flow management boot camp
- Importance of reviewing your interest rate
