savingsaccounts
While it may be most noticeable on the things we buy, inflation can also have a massive impact on our savings, potentially derailing your financial goals. Q1 2022 hedge fund letters, conferences and more Inflation BasicsWhile the term inflation is banded around on financial programs, the news, and even by consumer groups, many people don’t actually understand the fundamentals of “what is inflation?” In general terms, inflation is the rate at which the prices of goods and services increase. This can be due to an increase in production costs for those goods or services or as a result of higher d...
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And, the pandemic has made this disparity even worse. According to an analysis from Age Wave and Edward Jones, the pandemic drastically altered the retirement plans of approximately 69 million Americans. Q1 2022 hedge fund letters, conferences and more The report indicates that about 32% of Americans planning to retire will do so later than they originally imagined due to the pandemic. Only about 11% plan to retire sooner due to the crisis. During the pandemic, women’s confidence in their retirement savings took a nosedive and hasn’t fully recovered. On the other hand, men’s confidence in reti...
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A commentary from Kevin Mountford, co-founder of savings platform Raisin UK on the best way to save smartly by splitting your savings!Q3 2020 hedge fund letters, conferences and moreIt’s easy to think that putting a chunk of your salary away each month classes as smart saving, and you’d be right. It’s smart to try and keep some money aside. But there’s more you can do to keep saving smarter.Tips on splitting your savingsKevin Mountford, Co-Founder of Raisin UK has provided some top tips on splitting your savings.MicrosavingThe first thing should be to figure out how you save best. Not everyone...
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