Two years ago, I was writing about the high inflation of 2022 and 2023. Right around that time inflation started dropping dramatically, all the way to where it sits now—below 3%. Meanwhile, interest ...
Series I savings bonds have drawn a lot of attention over the last few years as inflation flew. Back in 2022, billions of dollars of I-bonds were sold when their interest rate ran up to 9.62%. As ...
The latest inflation figures are released each month. What is inflation and how does it impact your personal finances?
Inflation is the unpleasant, yet inevitable force where every year you pay a little more money for the same goods and services. While the economy can typically absorb an average of 2% inflation every ...
Many people assume that simply saving money is enough. But in an inflationary environment, just leaving your money in a regular savings account can cause you to lose value every year. That’s because ...