Introduction

This week on the money girl pine cask, we look at six smart money moves when interest rates rise. Preston James shows how his weekly pay check method grew a 54 dollar account to 174 thousand in less than nine months. Laura Adams: There are winners and losers when interestrates go up. It's not necessarily a good thing or a bad thing but they just lose on both sides. On the borrowing side, that gets more expensive, but you know what? When you're lending it out in the form of savings, that means that earn more interest as well.