How Do Interest Rates Affect Me?

Belinda sent in a question about interest rates. She asked how do they affect her?

In this eposide, I will explain interest rates, how the SARB works, the banks, what is the Repo Rate and Prime Rate as well as how this affects your debt, savings, cashflow and the economy.

Please send in your questions on voice note to 083 3379576 or email podcast@richideas.co.za