How to Take Advantage of High Interest Rates to Reach Financial Goals

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 11 September 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Rising interest rates create opportunities for consumers to accelerate growth on their money to save for things like cars, vacations and emergency funds. WSJ reporter Oyin Adedoyin joins host J.R. Whalen to discuss ways consumers with varying levels of extra cash on hand can use higher rates to their advantage. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Mailchimp would like to talk to you about customers.
0:03.6	A customer is what happens when marketers fail to personalise their marketing,
0:07.8	grouping customers with very different behaviours into one tangled mess.
0:12.0	But with Mailchimp, marketers can use real-time behaviour data to personalise every email for every customer.
0:18.2	So get Mailchimp and turn your customers into customers.
0:22.4	Into it Mailchimp, the number one email marketing and automation brand.
0:26.8	Based on customer numbers, for verification email, appetisingatmailchimp.com.
0:32.8	Here's your money briefing from Monday, September 11th.
0:35.8	I'm JR Whalen for the Wall Street Journal.
0:40.8	Higher interest rates might make a lot of things we buy more expensive,
0:43.8	but they can also help add your bank account with extra money,
0:46.8	even if you're carrying debt and are tied on cash.
0:49.8	Still, flex that muscle of putting away as little as you can month over month
0:55.8	because you'd be surprised once you hit zero on your debt.
0:58.8	How much money is left over to start that emergency savings fund?
1:02.8	We'll talk with WSJ Personal Finance Reporter Oyan Edadoyan, after the break.
1:15.8	As a city national client, you get a dedicated team of banking professionals working alongside you.
1:20.8	From a relationship manager who works with you on everyday business needs to a business banker
1:25.8	who drives your goals into the future, come in to meet your team at City National Bank.
1:30.8	See what personal can do for you at CNB.com.
1:44.8	Rising interest rates can help consumers reach their financial goals no matter their income level.
1:49.8	Wall Street Journal Personal Finance Reporter Oyan Edadoyan is here to discuss.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.