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Money Talks Podcast - Interest rates are up: Should you pay down your debt now?

26:24 Min

The US Federal Reserve has raised interest rates, prompting questions about what higher borrowing costs could mean for Singapore households and whether spare cash should go towards paying down debt or investing. MoneyOwl's Chuin Ting Weber joins Andrea Heng to explain how to think through that decision and why paying down debt can sometimes leave you with less liquidity when you need it most.

Money Talks Podcast

Money Talks Podcast - Interest rates are up: Should you pay down your debt now?

29 Sep 2026 08:00am

The US Federal Reserve has raised interest rates, prompting questions about what higher borrowing costs could mean for Singapore households and whether spare cash should go towards paying down debt or investing. MoneyOwl's Chuin Ting Weber joins Andrea Heng to explain how to think through that decision and why paying down debt can sometimes leave you with less liquidity when you need it most.

Money Talks Podcast

About the show:

Your weekly dose of personal finance with Andrea Heng. Here’s everything you need to know on how you can manage your money better.  

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