Roger Sarnt Podcast
Hi! I am SFC Saeed Cruz, your host for The Roger Sar'nt Podcast! I am a 16 year Active Duty Soldier starting a journey to educate all new recruited and current Soldiers on U.S. Army policies, regulations, standard operating procedures, lifestyle, journey and what it means to be a U.S. Army Soldier. The platform is not limited to those in the Army, it can serve to educate those who have family members that are interested in joining. This way, you can have enough information to make what is going to be one of the most important decisions of your life. Thanks for listening and look forward to hearing from all of you.
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Roger Sarnt Podcast
S1E5 - Financial Readiness Friday: Mission Money - Difference Between Interest Rate and APR
In this episode, I talk about how interest rate and annual percentage rate (APR) are both crucial components when it comes to borrowing money, but they serve distinct purposes and can sometimes be confused. While the interest rate solely represents the cost of borrowing or the return on investment, the APR incorporates additional fees and charges, providing borrowers with a more complete understanding of the total cost involved. When evaluating loan or investment options, it's essential to consider both the interest rate and the APR to make informed financial decisions.
Thanks for listening, please download and leave a review.
Remember, you don't have to embrace the suck, if you have the right tools in your ruck!
If you have any question comments, or ideas for the show you can send them to my Gmail account: rogersarnt@gmail.com
Follow the show on Instagram, Facebook, TikTok and Discord:
Lintree: https://linktr.ee/rogersarnt
IG: https://www.instagram.com/roger_sarnt/
Facebook: https://www.facebook.com/rogersarnt
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