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This blog will help parents and young adults understand their relationship with money and learn how to be financially free. This blog has nothing to do with accumulating wealth, but everything to do with helping young adults understand the value of money.

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Dad, What Do Higher Interest Rates Mean?

Dad, interest rates just went up. What do higher interest rates mean?  Should that concern me? Does it even make a difference? It is something that only really matters to big players in the investment world?

Whoa, whoa, whoa! Let’s deal with the main question, and I’m glad you asked: What do higher interest rates mean? I think the answer to that will answer the others.

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