Should Lowering The Interest Rates Raise Your Interest?
The Fed lowered the interest rate to 1%. That’s real close to nothing at all.
So what. Does it mean anything at all to your personal economy? It doesn’t mean much if you still aren’t making enough to make the monthly budget. And you probably won’t see the effect of it in the interest rates on your credit cards. Funny how that happens.
However; since the Fed did lower the interest rate, and it is changing rates banks use to loan money, it does mean your marketing dollars could go a little further. The fact that gas has gone back to somewhere in the $65 per barrel range also affords you more to spend on advertising your business. So…what that all means is you can now afford to hire me to write some storyselling marketing words to increase your sales.
“A-ha!”, you say. “I knew there was a catch.”
Well, hey…I’m not in this for my good looks. (that sure ain’t workin’) And you can hire someone else. It’s OK.
Seriously, though, right now’s a great time to boost your business and get more exposure…online or off. Don’t let the doomsayers scare you into standing still. That only makes matters worse. Remember what they say in investing…buy low and sell high. Hello…it’s low right now. Get ready for when it’s high.
And get ready to step out in front of the crowd,
Tags: credit cards, the fed