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How will inflation affect my savings 2024?

Zoe Bailey | 2023-05-07 11:14:58 | page views：1411
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Aiden Taylor

Works at Uber, Lives in San Francisco, CA
If it doesn't, your money will be losing value in real terms. Savings accounts are also subject to interest rates. If the rate of inflation is high and you are receiving a low interest rate, you could find it difficult, or even impossible, to beat inflation.
2023-05-07 11:14:58
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Noah Garcia

QuesHub.com delivers expert answers and knowledge to you.
If it doesn't, your money will be losing value in real terms. Savings accounts are also subject to interest rates. If the rate of inflation is high and you are receiving a low interest rate, you could find it difficult, or even impossible, to beat inflation.
What does inflation mean for your savings? - Savings - Guides ...
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