Interest Rates UK Rise to 5.25% Bank of England. DO THIS NOW! AUGUST 2023 Update

Interest rates UK have risen to 5.25% in the UK for AUGUST 2023 by the Bank of England. Here is what to do for Mortgages, First Time Buyers, Savings, Debt, Investing. Want to meet us in person and share ideas? Join FJA – https://financialjoyacademy.com . Our next in-person meet-up is on Saturday, 5th August 2023 in London.

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I’m married to Ken and we have two boys aged 6 and 4. I’m a Londoner, born in Hackney! :)

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When I’m not creating, I love vegan food, travelling, working out, and doing some outdoor fun things with my husband and kids :)

KEN:

I’m a husband, dad, and a First-Generation Immigrant to the UK. I started life poor in the UK and I’ve spent the last 20 years on a steep journey of Personal Development.

Former CFO with over 12 years of experience in the investment business. I’m also a Chartered Accountant and hold an MBA from Cambridge University.

To explore my creativity, I’m a blogger and YouTuber by night. I create from my experiences as a family man and entrepreneur.

I have a passion for all things Financial Education, Business, and Personal Development. I also love Photography, Music, Travel, and Sport.

We became Financially Independent aged 34 and our story has been featured on the BBC, Mail Online, Channel 5, Metro, etc.

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★★ TIME STAMPS ★★

0:00 – The announcement
2:17 – UK Economy update
3:57 – Inflation Update
8:24 – Interest Rates – Future expectations
9:04 – Summary of the UK economy
9:39 – Mortgages – What to do now
11:01 – Should you get a fixed rate?
14:52 – Struggling to pay your mortgage?
16:06 – Renters – What to do now
17:17 – First Time buyers – What to do now
19:30 – Buy To Let – What to do now
22:14 – Debts – What to do now
23:55 – Savings – What to do now
28:25 – Investing – What to do now
29:35 – Important Conclusion

★★ About this video ★★

Interest Rates UK Rise to 5.25% Bank of England. DO THIS NOW! AUGUST 2023 Update

Massive thanks for watching and following our channel :) ♥

Best, Mary and Ken Okoroafor

NOTE: For FULL Transparency, some links above may be Affiliate Links. We do NOT offer Financial Advice. Your investments can go up as well as down. Past performance does not guarantee future returns. So please do your own research before investing.

#interestrate #interestratesuk #inflation

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