Rate hikes got you down? Money moves to motivate you to save and crush debt

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Despite higher interest rates, progress on your money can still be achieved, Lesley-Anne Scorgie writes.

Phew! Progress on your money can still be achieved despite higher interest rates. Try these money moves to get your money working for you.If you haven’t shopped around yet for the best High Interest Savings Account , this is your nudge to do so.

If moving money to a new institution sounds cumbersome, you can always ask your current bank to match the competitive offer. They might just say yes, and you can avoid the work of setting up a new account. It’s almost always good for your financial health to make paying off debt a priority — and with higher rates, there’s even more of a reason to make debt reduction a money goal for 2023.

 

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It is the regular folks that always pay/suffer. Some more than others. Those who have savings, are happy. Those who don't are not and are suffering paying the price. But rich is always rich. Even in the great depression they got richer. It's the system not you to blame. Change it

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