December 2, 2021 | Episode 22

Inflation - what you need to know

Show intro (00:27)

Inflation over the years (1:47)

  • Understanding the relationship between inflation and interest rates, differences in life over the years, and acknowledging advancements in technology
  • Investing has evolved, addressing how technology has impacted investing and acknowledging investors may be concerned with inflations impact on their money

Making sense of inflation (8:36)

  • Painting a picture of how inflation works and giving examples of how inflation has impacted home prices and incomes over the years
  • Understanding how much housing prices have changed and impact on our incomes
  • Inflations impact on purchasing power, the value of savings bonds, and mortgage rates over the years

Purchasing power (18:20)

  • Value of cash and life insurance and pricing of goods and services
  • Cost of living, calculating what you can afford, and understanding how far your money can go today