How Money Works

How Inflation Eats Up Your Savings

Inflation is financial erosion, a slow and steady force that eats away at the value of money—YOUR money.

How Inflation Eats Up Your Savings - Dwayne Dahlberg, HowMoneyWorks How Inflation Eats Up Your Savings February 23, 2023 Inflation Financial Literacy Long-Term Inflation is financial erosion, a slow and steady force that eats away at the value of money—YOUR money. Here’s how it works. The trend is that over time, the prices of goods and services tend to rise. As...