Interest rates will fluctuate from time to time. At times, the changes are negligible and will have almost no bearing on your repayments but you need to look out for substantive changes. When interest rates are low, you ought to make sure that you are paying the lowest or one of the lowest interest rates. You cannot have your bank; credit card company or other lenders keep your interest clocked at higher rates when the central bank has already lowered the lending rates.


As always we recommend speaking to your YFG Lending specialist to guide you to the best strategy for you!

Budget planning is all about numbers. The firmer grasp you have over your incomes, expenses and savings, the better you would get at budget planning and long term financial planning. To get started with budget planning, you need to know five numbers.