Fixed vs Variable Interest Rates Explained | Finance for Beginners

Описание: Fixed vs Variable Interest Rates — Explained with Simple Examples
Are you confused about what “fixed interest” and “variable interest” really mean? 🤔
This beginner-friendly video breaks down the basics of interest rates step by step — with clear examples that anyone can understand.

👉 What you’ll learn in this video:
✅ What is a fixed interest rate
✅ How simple interest is calculated
✅ Why higher rates and longer time earn more
✅ What is a variable (floating) interest rate
✅ How the benchmark rate impacts your loan or deposit
✅ Fixed vs Variable interest — side-by-side example (2 years)
✅ Why variable rates can be risky & when to choose fixed rates

💡 By the end of this video, you’ll be able to understand which option — fixed or variable — might be better for you as a saver or borrower.

📚 This is Part 1 of the Interest Rate Series under Financial Jargons Explained.

👥 Who is this video for?
Beginners learning finance basics
Students preparing for exams or interviews
Anyone curious about how banks set interest rates

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▶️ Watch the full Interest Rate Series playlist:    • Financial Jargons Explained  

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