Everything you NEED to know about Interest Rates | Effective vs Nominal vs Real Interest

Hey Hustlers,

This video is about explaining everything interest rates related. I go in detail about what they are, nominal vs effective vs real interest rate. I explain what inflation is, how does the SARB affect private banks interest rates, the difference between variable and fixed interest.

MAKING CENTS OF : INTEREST RATES
#interestrate #effectiveinterest #nominalinterest #realinterest #inflation #fixedinterest #variableinterest #reporate #reporatecuts #personalfinanceeducation #personalfinance #interestratesinsouthafrica

Thanks for watching see you on my next one.

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DISCLAIMER: This video was not sponsored. The description may contain affiliate links, which means that if you click on one of the product links and make a purchase, I may receive a small commission however it does not change the price of your purchase. This helps support the channel and allows me to continue to make videos like this. Thank you for your support!

This video is for informational purposes only and does not constitute legal for financial advice. Please consult an attorney or certified financial planner who will put your interests before theirs.
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Today's video is all about interest rates, how to review interest rates, how to save in an inflation beating bank account, how to review interest rates in south africa, importance of knowing interest rates, how to choose a savings account, how to choose a financial advisor, using a financial advisor in a crisis, how to invest as a beginner, miranda dlamini, making cents of your finances

Видео Everything you NEED to know about Interest Rates | Effective vs Nominal vs Real Interest канала Miranda Zulu - Holistic Finance