Inflation is a major factor to consider when you build up your financial future. For instance, if you put your money in an account with a zero rate of return, its value will certainly decline in the long run. Are you prepared for inflation? Do you think that you should save more and spend less?
Inflation: The Silent Killer
Inflation is the rise in prices of goods and services over time. When prices increase, your purchasing power decreases. Inflation happens when a country prints more money than it earns. The result is everybody will lose some value of their money. Some refer to inflation as a hidden tax.
Inflation is a major factor to consider when you build up your financial future. For instance, if you put your money in an account with a zero rate of return, its value will certainly decline in the long run. Are you prepared for inflation? Do you think that you should save more and spend less?
Inflation is a major factor to consider when you build up your financial future. For instance, if you put your money in an account with a zero rate of return, its value will certainly decline in the long run. Are you prepared for inflation? Do you think that you should save more and spend less?