TGIF! Before we let our hair down and chill out in a couple of hours time, let's talk about some taboo topic : MONEY!
We all know that inflation is the main reason why our MONEY shrank in value by days. That's also the reason why we are prepared to take a bit of the risk to invest in stocks or any other instruments, with the aim to yield a returns that's higher than the inflation rate. Minimally, to preserve the value of our money for as long as possible.
To look at the impact of the inflation from a layman perspective, it is easier to dissect it at the place that hit us most i.e. the expenses. Recently, I chanced upon an infographic from fivestarsandamoon.com depicting the effect vividly.
Check out the infographic below to feel the pinch:
So what can you deduce from the above infographic?On average, the expenses will ...
...