Inflation rate has continued rise this year – starting off the year at 21.82% in January and increasing all the way to 22.79% in June of 2023. Experts anticipate a continued increase in the rate if appropriate measures are not taken. The effects of rising inflation can be very harmful to any economy, as it […]
The Parthian’s View: Inflation Impacts Wallets Not Plans 1. Inflation rate for the month of July 2022 rose to 19.6% from 18.6% in June 2022. This increase to 19.6% is the highest in the last 17 years. As of July 2021, the inflation rate was at 17.4%. 2. Some of the drivers of this inflation […]
Times are hard lately as the cost of living keeps rising without a relative increase in income. If you find yourself struggling to survive with the same income you’ve been okay with, you’re not alone. The key to surviving this period is to follow some basic personal finance rules you may have ignored in the […]
How To Grow Your Money During Inflation. Some years back, I saw a pair of my favorite sneakers in a store, I went in, saw the price tag, then went home to start saving up for it. When I had saved up the amount needed, I went back to the store and found that the […]