The rise in fuel prices could once again affect interest rates. Get ready for what could come next, with Pedro Andersson

The rise in fuel prices could once again affect interest rates. Get ready for what could come next, with Pedro Andersson

Podcast

This week fuels had some of the biggest increases in recent years. It may seem like just another increase in diesel or gasoline. But history shows that many economic crises begin exactly this way. Listen to the episode of Contas Poupança, with Pedro Andersson

When energy prices rise, transportation costs rise, inflation can accelerate again and, in turn, central banks can raise interest rates again. And this ends up affecting everyone’s lives — especially those with a mortgage.

In this episode of the Savings Accounts podcast, I explain why it is important to look at these signs carefully and, most importantly, what you can do now to protect your family budget. From small day-to-day decisions to how to prepare your finances in case this increase extends.

The question is not whether fuels will affect your life. The question is how much — and what you can do to be prepared.

If you usually see the Contas-Poupança reports on Wednesdays in Jornal da Noite on SIC, you know that I interview many experts, government officials and authorities. As time on television is short, often only a small part of these interviews is used.

There is a lot of important information that ends up not being shared or details that are not as in-depth as they could be due to lack of time.

As here on the podcast we don’t have this problem, I’m going to share these longer interviews with you for anyone who wants to delve deeper into the subject with those who know.

Savings Accounts is a podcast by Pedro Andersson, a journalist specializing in Personal Finance, who takes advantage of his car trips to talk about money. Every Monday and Wednesday at 7am, a new ride to start your financial week off right. Available on all podcast applications and on the SIC Notícias and Expresso websites.

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