You have actually worked hard.
You’ve saved.
You see cash sitting in your bank account, and it feels secure.
Every year, that money is quietly shrinking.
Not in number.
In power.
That silent thief is called inflation
What Inflation Truly Suggests
Allow’s keep it simple.
Rising cost of living is when the cost of points you purchase– food, garments, rental fee, travel– increases.
Your 100 note doesn’t lose its colour.
But it loses its worth.
Think about it like ice in the sun.
It looks solid, yet it’s melting– decrease by decline.
A Quick Instance
Ten years earlier, you could buy a great set of pants for 1, 000
Today, the very same pants cost 2, 000 or extra.
Your cash didn’t grow.
The rate did.