On this week’s episode of The Momentum Advisor’s Show, Tiffany and Allan discuss the thief in the night, AKA inflation! Inflation is technically defined as the increase in the price of goods and services over time. It's an economics term that means you have to spend more money each year to fill your gas tank, buy a gallon of milk, or get a haircut. Inflation increases your cost of living and therefore erodes the value of your cash.
21: A Thief in the Night
21: A Thief in the Night
21: A Thief in the Night
On this week’s episode of The Momentum Advisor’s Show, Tiffany and Allan discuss the thief in the night, AKA inflation! Inflation is technically defined as the increase in the price of goods and services over time. It's an economics term that means you have to spend more money each year to fill your gas tank, buy a gallon of milk, or get a haircut. Inflation increases your cost of living and therefore erodes the value of your cash.