Understanding Interest Rates

Discover the true cost of borrowing money and how it impacts your financial future. While some debt, like mortgages, can be seen as an investment, other forms like credit cards and car loans often lead to financial loss due to high interest rates. Learn about the power of compound interest and how it can work in your favor when saving money, ultimately helping you build wealth over time. Plus, explore a faith-based alternative to traditional health insurance that allows members to share healthcare costs.