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One of the unintended, though predictable, consequences of the unprecedented rescue of the United States financial system is that there will be higher than average inflation figures for years to come. While it’s been popular to dispute the reported Consumer Price Index (CPI), the reality is that the marketplace doesn’t really listen to the reported [...]How to Protect Yourself From In
This guest post from Michelle is part of a new feature here at Get Rich Slowly. Every Sunday will include a reader story (in the new “reader stories” category). Some will be general “how I did X” stories, and others will be examples of how a GRS reader achieved financial success.In 2001, I got a new job. Not just any job — this job was for a former employer who wante
Over the weekend I caught up on some blog reading and found an old post from The Simple Dollar where Trent discussed the differences in today’s budgets from those of our parents. It was an interesting post, and the comments provided more food for thought. I began inventorying our own monthly bills and compared them [...]Post by Frugal Dad
A Mcdonald’s combo now costs $7 but it used to be less than $5. Then again, the McChicken sandwich used to cost $2.45 and it’s only a buck now.Inflation is a phenomenon that most people hear about often. The media reminds us of it, our financial planners talk about it and if you need a [...]
It is no mystery to anyone that the US government has pumped trillions of dollars into the economy, all while holding interest rates at record lows over the past two years. Anyone with a basic concept of supply and demand, with all of these dollars in our economic system, will fear that rising inflation is [...]
For the last six months, my Series I Savings Bonds have been earning exactly 0.00% APY interest. If you remember from the Savings Bond Foundation post, Series I savings bonds earn interest based on an equation that has both an inflation rate component and a fixed rate component. The inflation rate component is set twice [...]Series I Bonds Inflation Rate Update (Nov 2009) from personal finance bl
Once you trade up, you are never going back.Lifestyle inflation is a real phenomenon that I’ve surprisingly seldom talked about. Basically, it refers to the strikingly true fact that most people increase their spending as their income increases no matter how much or how little they earn.Stepping up the standard of living ladder is [...]
“It is an unfortunate human failing that a full pocketbook often groans more loudly than an empty stomach.”-Franklin Delano RooseveltOne of the greatest threats to an increase in income is simply the passing of time. Without proper awareness and discipline, slow and steady salary increases can go virtually unnoticed, and most definitely underutilized.An exampleBarry and [...]Follow me

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