Inflation eased in the latest CPI report—but your savings still need to outpace it. Here’s the rate to watch and what to do if you’re falling short.
According to the latest Consumer Price Index (CPI) report from the Bureau of Labor Statistics, inflation rose slightly in January 2025, bringing it to its highest point since June 2024. For many ...
High-yield savings accounts can help protect your money’s purchasing power by earning returns that outpace inflation. Shopping around for competitive yields, particularly at online banks, can earn you ...
Sabrina Karl has over two decades of experience writing about savings, CDs, and other banking topics. She is currently a full-time staff writer at Investopedia and one of the country's top experts on ...
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Saving three to six months of emergency savings is a must, especially during times of economic uncertainty. However, rising inflation means that a $10,000 safety net might not be able to buy as much ...
A million dollars once symbolized lifelong financial security, but its slowly eroding purchasing power now tells a different story. Inflation, especially over the last few years, has quietly chipped ...