13 Things You Need to Know About Your Finances in 2019

7. Where interest rates are headed

No one can see the future, but financial experts generally think interest rates will only continue to head up, not down, in the near future.

What does this mean for the average consumer? Well, it means it’s a good time to pay down debt, since personal loan and credit-card rates might climb. Mortgage rates, too, have ticked up.

Rising rates also help out those who have some cash to salt away, as CD and savings-account yields should increase.