Inflation will make you loosing money…if you don´t know this.
In the hyperinflation people bought their bread with wheelbarrows full of money. They even bured cash for heating since burning money was cheaper than buying wood.
Since then, everyone is in fear of the effect of inflation and money without value. A healthy Inflation rate has a positive influence on the unemployment rate. The Federal Reserve Bank tries to guarantee a healthy Inflation Rate. After a certain point inflation has a bad impact on the prices of good. Money loses its worth, stock markets crashes and the economy gets in a downfall.
Because of that people invest in gold because it has a real value and is stable in value. Nowadays even some people of the crypto scene see the Bitcoin as a store of value like gold.
But what is inflation exactly and what impact does the inflation have on your earnings and savings? Will it make you poor?

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Power of Compounding - The Compound Interest Effect
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Personal finance is one of those topics that you don't learn about in school, even though it should be part of your general financial literacy. Based on my financial background and the constant further education, I will share with you general knowledge, advice, tools, tips and tricks that will help you achieve your personal financial goals with hard work and discipline. Take those few minutes out of your day to educate yourself with this knowledge, condensed into a few minutes with practical approaches that can be implemented immediately.

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Disclaimer: I am not a professional financial adviser. These videos are for educational purpose only. Investing of any kind involves risk. While it's possible to minimize risk, your investments are solely your responsibility. I recommend you conduct additional research. I am merely sharing my opinion with no guarantee of gain or performance on investments.

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