Learn about the impact of … · inflation typically goes up by 2% per year, resulting in more expensive products and services. · inflation has ticked up again—do you know if your savings is keeping up? · to help, bankrate is here to walk you through crucial tips to both grow and preserve your emergency fund in the face of 40-year-high inflation, including offering insight on who might want to. If you’re keeping your money in a regular savings account earning 0. 5% interest while inflation runs at 3%, … The latest data shows that us inflation is up around 8% year on year (an average rate), but some sectors like energy, 26%, and … Here’s the truth: The money you have safely tucked away in savings loses value if the interest earnings are not keeping pace with inflation. We’ll show you how to tell if your money’s falling behind—and easy ways to stay ahead. With inflation running around 7%. Money tucked away under the mattress will gradually lose purchasing power. This realization has. · inflation eats away at your savings. · economists broadly expect inflation to remain well above the central bank’s 2 percent target through the end … · discover how to protect your savings from inflation with expert strategies.