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Why $5 Doesn't Buy What It Used To
Ask your parents what a candy bar cost when they were a kid. Go ahead, actually ask them. There's a good chance they'll say something like fifty cents, or a dollar, and then laugh a little because it sounds so cheap now. That candy bar isn't fifty cents anymore. It's probably closer to two dollars. Nobody stole your candy bar money. Something else happened, and it happens to basically everything you buy. It's called inflation, and once you understand it, a lot of confusing gr
6 days ago4 min read
Why Future-You Will Thank You For Saving Young
As a high schooler, college student, or young adult, what you do now can set yourself up for life. But how does this really work? The concept of this can be hard to grasp. Especially since money is certainly not coming out of thin air. Moreover, many young people are unexposed to these kinds of ideas, simply lacking the opportunity to learn about such a cheat code. Today, we will learn about the two most important things: How it works and how time plays such an important ro
Jul 142 min read
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