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Leonard Pokrovski

toegevoegd een audio Personal Finance
2025-11-11 22:56:39 -

How Inflation Affects Your Wealth and Savings — and How to Plan Accordingly
How Inflation Affects Your Wealth and Savings — and How to Plan Accordingly Inflation is often described as the silent thief of wealth — a gradual force that erodes the value of money over time. You might not notice its effects from one month to the next, but over years or decades, inflation can have a profound impact on your financial well-being. Whether you’re saving for...

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Leonard Pokrovski

toegevoegd een audio Personal Finance
2025-11-25 21:49:07 -

How Will Inflation Affect My Retirement Savings?
How Will Inflation Affect My Retirement Savings? Inflation—the gradual increase in the price of goods and services over time—might seem like a distant concern when you’re years away from leaving the workforce. But for retirement planning, inflation is one of the most important forces shaping your financial future. Even modest inflation can significantly erode the purchasing...

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Leonard Pokrovski

toegevoegd een audio Personal Finance
2025-11-18 21:14:52 -

What Is Inflation and How Does It Affect My Money?
What Is Inflation and How Does It Affect My Money? Inflation is one of those economic terms we hear constantly—in the news, at the grocery store, or when discussing personal finances. But what does inflation actually mean, and why does it seem to influence almost every part of our financial lives? This article breaks down what inflation is, why it happens, how it’s measured, and...

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Leonard Pokrovski

toegevoegd een audio Economics
2026-01-26 17:35:57 -

What Is Inflation and How Does It Affect the Economy?
What Is Inflation and How Does It Affect the Economy? Inflation is a term that often appears in news headlines, especially during times of economic uncertainty. While it can sound technical or abstract, inflation is something people experience in everyday life—when prices at the grocery store rise, rent becomes more expensive, or transportation costs increase. Understanding what...

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Leonard Pokrovski

toegevoegd een audio Money
2025-09-17 20:03:15 -

What is Inflation?
What is Inflation? Inflation is a term you’ve probably heard in news headlines, economic reports, or even casual conversations about rising prices. At its core, inflation refers to the general increase in the prices of goods and services over time, which reduces the purchasing power of money. In other words, when inflation occurs, each unit of currency buys fewer goods and services than...

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Leonard Pokrovski

toegevoegd een audio Economics
2026-01-27 18:53:05 -

What Is the Difference Between Nominal and Real Values?
What Is the Difference Between Nominal and Real Values? When people talk about money, wages, prices, or economic growth, the numbers they use can be misleading if taken at face value. A salary of $50,000 today does not mean the same thing as a salary of $50,000 twenty years ago. The key reason is inflation—the general rise in prices over time. To make sense of economic figures across...

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