Investing is the best way to fight the ever-increasing price of everything. A movie ticket cost $2.89 in 1980 and today it cost $9.16. So if you had just put that $2.89 under your mattress in 1980 and pulled it out now to go to the movies, you’re out of luck. Investing grows your money to outpace the rise of prices.
More info: How Inflation Erodes The Value Of Your Money
Leave a Comment