📈 Inflation: What is it, and how does it affect your money? 💸
Inflation is the increase in the prices of goods and services over time ⏳. This means that, as years go by, money loses its purchasing power 💵. What you used to buy with $100 now costs more.
Why does it happen? 🌍 Factors like rising production costs, product demand, or economic policies play a role.
How does it affect you?1️⃣ Savings 🏦 lose value.2️⃣ The prices of basic products rise 🥛🍞.3️⃣ Investments 💼 can be an option to protect your money.
Tip: Diversify your investments 📊 and stay informed to prevent your money from depreciating 💪.

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