These days the cost of everything seems to be too high. A few weeks ago, a trip to McDonalds to get a Big Mac meal with an Apple Pie cost me more than $12.00.
I spoke to a friend recently who said that it will cost you $1700 per month for a 1 bedroom apartment in the suburbs of Atlanta.
I looked at my interest rate on my credit card and it has climbed to 20%. If you are not aware, most credit card interest rates are based on the prime rate. The prime rate is set by the Federal Reserve who has been raising rates aggressively since last year.
My question to you is, How are rising rates affecting you? Also, what changes have you made as a result?
Let me know in the comments.
Thanks,
Mike
mikepairmoney.coom
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