Inflation
"I don’t mind going back to daylight saving time. With inflation, the hour will be the only thing that I’ve saved all year."
- Victor Borge, Comedian and Actor
In this module you will learn the impact that inflation has on saving and how understanding inflation can help you make more informed choices about saving.
Would you rather your brother repay the $5 he owes you today or two years from now? To make an informed decision, you need an understanding of inflation.