Financial Survival Toolkit: Understanding Interest

Sep 15, 2021, 11:01 PM

“There's a scary bit when it goes to variable” Do you understand how interest rates work? In this episode, Anthony Morrow meets Abi, who’s in her twenties and is just about to buy a house. Abi’s not sure what’s going to happen to her mortgage if interest rates change. Join Anthony as he gives you the lowdown on interest rates and inflation and explains why they’re so important to you, if you own your home.

“There's a scary bit when it goes to variable” 

Do you understand how interest rates work? In this episode, Anthony Morrow meets Abi, who’s in her twenties and is just about to buy a house.  Abi’s not sure what’s going to happen to her mortgage if interest rates change.  Join Anthony as he gives you the lowdown on interest rates and inflation and explains why they’re so important to you, if you own your home.   

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Anthony Morrow is CEO and Founder of OpenMoney. He's on a mission to let people get the most out of their money. After 25 years in the finance industry he's sick of watching the rich get richer, whilst people who would benefit from advice don't have access to it. This podcast aims to change that.

Presenter: Anthony Morrow @OpenMoney_ajm
Instagram: @getonthemoney
Facebook: @getonthemoney