Have you noticed the recent increase in fuel prices? They’re up by more than $0.50 per gallon. Copper has risen by 42%, and food prices have soared by 24%. So, what does this inflation mean for you, other than the fact that everything now costs more? Just a month ago, and since January, experts were […]
Inflation Unmasking Inflation: The Hidden Side of Rising Prices By, Jeremy Reif, CRPS Inflation is the steady increase in the prices of goods and services over time. It affects the economy, our wallets, and even our daily lives. But why does it happen? I know I’ve done previous articles talking about the cause and effect […]
Inflation Federal Reserve Interest Rate Hikes By Jeremy Reif, CRPS The big news from banks in the last few weeks was in their internal financial reporting that account balances continue to trend down for consumers. Speculating on two things. The first is that consumers have spent all or most of their COVID-19 relief money. The […]
By Jeremy Reif, CRPS This article will attempt to break down the complexity of the stimulus package, interest rates, and inflation into something a little more relatable. First Stage – Stimulus, Free Money?: Imagine you have a big jar of cookies, and each cookie represents money. When the government decides to give people more cookies […]
The rise of Amazon has fundamentally altered the retail sector. The way individuals shop and how businesses run have both altered as a result. But as the business has expanded, so have its expenses. Customers have noted that Amazon’s prices are constantly rising. When I first signed up for Amazon, it was $79.00. I noticed […]
Food is one of the largest expenses for Americans every month, and grocery prices have significantly increased in recent months. The price increases are primarily due to inflation. What is Inflation and What Are it’s Causes? Inflation is an increase in the general price level of goods and services in an economy over a period […]
For retired people in the United States, the recent interest rate hikes by the Federal Reserve are good news and bad news. The good news is that retirees will see an increase in their monthly income from their savings accounts and some other investments. The bad news is that it will become more expensive to […]
The baby boomers are aging, and many are looking forward to the retirement years they have worked hard for. Unfortunately, however, their plans for retirement are being disrupted by a volatile stock market and increasing inflation. These retirees are being locked into low-interest bonds, annuities, and other investments that do not keep up with inflation. […]
Financial worry can be defined as fear or stress related to one’s financial situation. It is normal to feel some degree of financial worry from time to time, but when it becomes excessive, it can lead to anxiety and even depression. Some of the common symptoms of financial worry include difficulty concentrating, insomnia, irritability, and […]
Most of our 78 million baby boomers will spend much of this decade in the Risk Zone spanning the 10 years before and after retirement. Losses in the Risk Zone can make remaining lifetimes far less comfortable, and could make boomers a burden on society because $50 trillion is at stake. Following the Roaring 2010s, […]
