Insights
Knowledge is power.
Here are some helpful articles and resources to keep you on track to meet your financial goals.
The Growing Threat of Inflation
Inflation is the loss of buying power a currency (in our case the U.S dollar) has over time due to the rising cost of goods and services. In other words, “it is the decline of purchasing power of a given currency over time.” The U.S rate of inflation is calculated by the US Bureau of Labor Statistics and tracks the price increase of a collection of goods and services.