Only you have the power to decide what is best for your financial future. Request an invitation to our app today!
By clicking the button you accept our privacy policy.
Money inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When prices rise, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power of money. A related concept is cost-push inflation, which occurs when an increase in the cost of production leads to a higher general price level.
The effects of inflation are often not directly felt but are played out over a long time, especially long-term investments are vulnerable to inflation.
At Horizon65, we created a mobile app that enabled you to check the effect of inflation on your savings.
Download our app and start gaining insight into your current and future finances.