How to invest during inflation and manage finances
There is a reason why inflation is known as the “Silent Killer”. It creeps up and takes away your purchasing power over time. Inflation has been under the limelight so far this year and why wouldn’t it be? Consumer Price Inflation (CPI) have risen to 5.4% year-on-year last month in the US, compared to the Central Bank’s average 2% target. In the UK, the number stands at 2.4%. Don’t underestimate the intensity of this little number which affects everything – from individuals to countries and then rest of the world!
This post is all about our current level of high inflation and whether it will remain high for a long time. If so, how should we invest during inflation and what it will mean for our finances?
