The amount of goods we can buy today has decreased tremendously as compared to years ago.
This is what we know as inflation.
It can be hard for persons on fixed incomes or in professions where earnings do not rise in tandem with rising prices.
Therefore, it can be essential for us to re-assess our financial health to cope with higher cost of living.
In this Part 1 of the series, we discuss about what is inflation, what causes it, and in what ways it affect us.
