Many financial product providers gain a lot of revenue from this very human foible. They encourage us to sign up to a direct debit of some kind and thus gain an ongoing right to continue to take money from us. This is because we just don’t really notice it. There are quite a few different ways our passive acceptance can cost us money.
If you have a mortgage, the mere mention of interest rates is enough to make your blood pressure go through the roof.
To an extent, overwhelming emotions in the current financial climate come from having a lack of control. An era of low, carefree mortgage rates would appear to be behind us, at least for the moment.
So, how can we mitigate the pressure that rising interest rates put on our financial future? Find out as we show you how to get clever in an attempt to turn interest rate hikes to your advantage.
