Interest rates have a bigger impact on your wallet than you may realize. With rates forecasted to continue rising in 2023, you can expect to pay more on things such as credit card debt, mortgages, car loans and other everyday purchases. That’s why it’s important to take steps now to save and pay down debt so you don’t end up paying more for borrowing in the long run.
Although interest rates are projected to rise to as high as 5.1% this year, according to the U.S. Federal Reserve, there’s…
