U.S. inflation rose to a forty year high of 8.5% in March, from the same month one year ago.
How does this impact you?
It is hard to know if you don’t keep track of your expenses.
It is time to get personal.
It is time to track your expenses so you can calculate your personal inflation rate from month to month and year to year.
Forget about the Labor Department’s inflation numbers. It is your personal inflation numbers that matter most of all.
The last time U.S. inflation was this high was way back in December 1981, at about the time I was graduating from college.
Since then, I have spent the last 40 years in the financial services industry, creating financial plans for investors. I am always blown away by the significance of the personal inflation rate and its impact on investor's success.
Is it time to start tracking your personal inflation rate?
To formulate your next move, connect with me in a strategy call and let's get you on track.