Don’t Hold Cash – Inflation Destroys Savings #95 - podcast episode cover

Don’t Hold Cash – Inflation Destroys Savings #95

Aug 04, 202127 min
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Episode description

Keeping your money in cash is a guaranteed way to lose money! Inflation is a constant drain on people’s savings. Today’s video explains why, including what people can do to navigate this issue.

LINKS:

Historical UK inflation

https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator

Historical US inflation

https://www.macrotrends.net/countries/USA/united-states/inflation-rate-cpi

Asset Class Historical Performance

http://www.lazyportfolioetf.com/asset-class-returns/

Feel free to share your thoughts in the comments section below and let me know of any specific questions you'd like me to answer in future videos. I always love to hear how I can make the content even more valuable for you 🎉

Please note, this video is not a recommendation. Seek independent financial advice based on your specific personal circumstances to ensure that the decisions you make are right for your unique situation.

Don’t Hold Cash – Inflation Destroys Savings #95 | The Money Paradox podcast - Listen or read transcript on Metacast