Inflation

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 […]

A recession is a prolonged period of economic decline, measured by a region’s GDP (along with other factors). The onset of the pandemic in March 2020 ended 129 consecutive months of economic expansion — the longest such period in history. Recessions lead to high unemployment, business failures, and sometimes even bank failures. Luckily, recessions have […]

You’re seeing new headlines about it every day. Inflation is skyrocketing in 2022, with every new month reporting anywhere between 5% and 12%, depending on the source. In short, everything is much more expensive these days. From fuel costs to grocery bills, Americans are feeling the pinch in their wallets like never before. For retirees […]

From toilet paper to instant coffee, companies are shrinking product sizes without decreasing prices. This practice is known as shrinkflation, and it’s hitting grocery and big-box store shelves right now. Keep an eye on the unit price — not just the sticker price — when you shop to spot shrinkflation. Sure, you’ve probably heard a […]