How Rising Prices Impact Your Budget and Financial Goals
If the current annual inflation rate is under 3%, why does everything feel so much more expensive?
It's a question many of us ask. Even when inflation appears moderate in the news, everyday expenses like groceries, gas, and insurance can rise much faster. Understanding how inflation works is important. Since it affects your financial investments, it's crucial to have insight into how inflation is reported. Understanding how inflation impacts your savings and investments helps you make smarter money moves. It allows you to stay confident in your financial plan.
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