With Interest Rates Rising, Think Long Term – Loans, Money Management
Podcast •
Summary
Despite rising interest rates making it more expensive for businesses to secure financing, Gene Marks shares a few tips on how businesses can try to offset the current financial landscape. In the short term, think investing in U.S. Treasury bills or opening up a high-yield checking account, but also think long term by paying down high-interest rate. It’s about managing your money to meet your immediate obligations and looking to future needs. Listen to the podcast.