Making big money resolutions? Here’s the #1 thing to consider

Global News published this video item, entitled “Making big money resolutions? Here’s the #1 thing to consider” – below is their description.

Tis the season for New Year’s resolutions. From saving to tackling debt and cleaning up your personal finances, regardless of your financial situation, experts say there’s one very important thing to factor into your money-related resolutions for 2024. Anne Gaviola shares the most crucial economic reality that should shape your financial planning this year.

For more info, please go to https://globalnews.ca/news/10192147/financial-planning-2024-inflation/

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Global News is the news and current affairs division of the Canadian Global Television Network, based in Vancouver, Canada.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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