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Tag: Economic inflation

The Impact of Economic Inflation on Household Debt Repayment

Economic inflation often leads to higher interest rates, making household debt repayment more challenging. As costs rise, families may struggle to manage existing debts, emphasizing the need for strategic financial planning and budgeting.

How to protect your retirement savings from inflationary pressures

Safeguard your retirement savings from inflation by diversifying investments, incorporating assets like stocks and real estate. Regularly review and adjust your portfolio to maintain purchasing power and secure financial stability.