HOW DOES THE BREXIT VOTE AFFECT YOUR WALLET?

EU  Vote affects your Wallet

After the late EU choice, a larger part of Britain has chosen not to be a piece of Europe Union any longer. Subsequent to leaving EU there are a lot of new principles and laws will be actualized, and shouldn't something be said about your own accounts? Will you need to pay pretty much for the eatables, travel, and occasion after the UK vote?

BUYING GOODS AND SERVICES FROM OTHER COUNTRIES WILL BECOME MORE EXPENSIVE: 

What does it mean when we say pound has dropped down to 10% which is really big fall in recent 30 years? If you are looking to buy something from another side by countries then be prepared to pay extra due to a lower value of sterling, ultimately this situation could lead to more inflation.

INTEREST RATES MIGHT GO UP:

If interest rates go up, it will be great news for savers, who have seen low-interest rates limit returns for many years. Fall in the pound could threaten to push prices up faster than this and then Bank will raise interest rates.

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