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Inflation

What Is Your Personal Inflation Rate (And How To Calculate It)? Financial Advice

What Is Your Personal Inflation Rate (And How To Calculate It)?

Your personal inflation rate may be different than the national or state inflation rate. Knowing your personal inflation rate can help you better plan both your short-term and long-term finances. There are always a few personal lifestyle adjustments you can make to combat inflation, bringing your personal rate down. Inflation this, inflation that. Unfortunately, you […]

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14 Things To Know About Inflation: What Is It, Why Does It Happen, (And Are We In Trouble)? Financial Advice

14 Things To Know About Inflation: What Is It, Why Does It Happen, (And Are We In Trouble)?

Inflation has been in the news a lot recently. The first months of 2021 saw inflation hit its highest rate since the financial crisis of 2008. Consumer prices shot up by an annualized rate of 5% in May 2021. That was followed closely on the heels of a 4.2% surge the previous month. Obviously, the […]

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How Rising Inflation Rates Could Destroy Your Finances Budgeting

How Rising Inflation Rates Could Destroy Your Finances

Inflation refers to the gradually rising costs of goods and services. Inflation effectively reduces the buying power of your dollars. The impact of inflation can be somewhat combated by investing in the real estate and stock markets, or finding ways to earn more money. You’ve probably heard the word “inflation” thrown around a lot lately […]

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