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Tag: Inflation

How to Use Inflation to Boost Your Savings

Times are tough inflation is high. In July 2024, the U.S. inflation rate was recorded at 2.89%, slightly down from previous months. Relatively stable economic environment compared to the high inflation rates seen in previous years, such as 8.52% in July 2022. Inflation is often seen as a financial threat, eroding the purchasing power of…

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August 16, 2024A DSavingsInflation, Prudent savings, Savings
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