This is a Php 2,199.00 grocery. (See picture below) Few years from now, the same budget can afford only 1 bag. This is called INFLATION. It's the rate of increase in the prices of commodities. It causes the value of money to decrease over time. If inflation rate is 6% per year (average), this is the possible effect: ° your bank savings loses value ° your cash in your safety cabinets loses value ° ...
Updated 06-25-2018 at 09:42 AM by lorenzoleo
Hello Friend, Is your money controlling you? Or you control money? Do you feel that the money you earn seems you don't own it anymore? Are you sick and tired of being sick and tired working for a job that you don't really love? Do you read financial books and seems the more knowledge you got the more confused you become? Do you know people that are wealthy before now they became broke? Do you know an OFW that is working abroad still money is an issue? ...
Updated 06-25-2018 at 09:44 AM by lorenzoleo