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S3 E1 Inflation
Money Mentor
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On this episode of the Money Mentor, Ken discusses Inflation. Inflation is a stealth tax that eats away at the value of your income, savings and invested savings. In this episode we take a more in depth look at inflation and what it means in the context of your personal finances, Ken cover's:
Inflation
Disinflation
Deflation
Reflation
Stagflation
Shrinkflation & Skimpflation
Hyperinflation
What causes inflation?
What effect does inflation have?
Who's in charge?
What can we learn from historical inflation data?
Inflation and a 100 year life
Inflation risk across intergenerational wealth
Why should you care about inflation?
Inflation's impact on your income, savings and invested savings
What can you do about inflation?
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Thank you for listening - Money Mentor Team