We’ve been hearing for a couple years now about how inflation is going to stay low for quite some time. While the economy might be growing at a slow pace, and while core inflation (a measure of inflation that leaves out food and energy prices) looks like it’s growing at a slow pace, the reality is […]
When making your financial plans, it’s important to consider the wealth-eroding effect inflation can have. Inflation reduces your purchasing power, and it can mean that today’s dollar won’t go as far in future years. Essentially, inflation guarantees that what you save now won’t be worth as much in real terms a couple decades down the […]
One of financial realities that many forget to consider is inflation. This is because inflation is relatively sneaky. You don’t see it in your taxes, and you don’t write a separate check for it. Instead, inflation manifests itself as a subtle reduction in your purchasing power. Think about what you could buy with $5 10 […]
There are some conversations with your kids you don’t really look forward to. “Mom, Where do babies come from?” is certainly one of them, as are the topics of safe sex, disease, death, and – yes – investing. But the more experience I have under my belt as a mom, the more confident I am […]
When it comes to retirement, many people rely on their homes. We are told over and over again that our homes are investments, and that they are our biggest assets. As a result, many people rely on home appreciation to help fund their retirement. The recent real estate market crash has been contributing to a […]
One of the hottest investment topics right now is that of gold, and everyone is taking notice. You’ve probably seen commercials encouraging you to purchase gold bars and coins in preparation of what’s to come. Indeed, gold is often touted as a hedge against inflation, as the physical asset’s value is believed to always be […]