How Inflation Affects Your Money and How to Protect Your Savings

How Inflation Affects Your Money and How to Protect Your Savings

Inflation is the gradual increase in the prices of goods and services over time, reducing the purchasing power of money. While moderate inflation is a sign of a growing economy, high inflation can erode savings, increase the cost of living, and impact investments. Understanding how inflation affects your money and learning ways to protect your … Read more