Ever notice that the money you're saving buys less each year? This video tackles that problem – inflation – in a high-energy, teen-friendly way. It explains why prices tend to rise over time and how inflation slowly eats away at the purchasing power of your cash. Viewers learn why earning raises or getting returns on savings is important, and what you can do to keep up with rising costs. Understanding inflation is a key skill for future financial planning and economics careers, and this video makes the concept easy to grasp by showing how to live with – and outsmart – the 'money-eating' effect of inflation.
Ever notice that the money you're saving buys less each year? This video tackles that problem – inflation – in a high-energy, teen-friendly way. It explains why prices tend to rise over time and how inflation slowly eats away at the purchasing power of your cash. Viewers learn why earning raises or getting returns on savings is important, and what you can do to keep up with rising costs. Understanding inflation is a key skill for future financial planning and economics careers, and this video makes the concept easy to grasp by showing how to live with – and outsmart – the 'money-eating' effect of inflation.
