Should your spending change when interest rates rise?

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Should your spending change when interest rates rise?

Rounding it up

  • The Bank of Canada changes interest rates to keep the economy moving forward and Canadians able to buy things.

  • Thinking of your household like a business can help you to make better sense of how your spending habits should change.

  • Investing, buying, and locking in rates now can help you better prepare for higher interest rates.

6 min read

Dan Bucherer
#interest rates#Bank of Canada#economy

Dan Bucherer

Dan is a runner and writer living in the Washington, D.C. area, where he currently works for a financial services trade association as the Communications Director.

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