Lesson 1: Costs of Inflation
Lesson 1: Costs of Inflation
Jul 8, 2024
weebly.com
Over the past 12 months, the Consumer Price Index rose 2.7%, and 5-year inflation expectations climbed to 2.9%. While these numbers may seem small compared to the peaks of 2022, over time, they significantly reduce purchasing power. That means the money you’ve worked hard to save is slowly losing value, even if your paycheck or fixed income stays the same. Now is the time to review your family finances, protect your savings, and make strategic decisions to stay ahead of inflation. #InflationAwar
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