best answer > How does inflation affect my savings 2024?- QuesHub | Better Than Quora
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  • Benjamin Wright——Works at the International Seabed Authority, Lives in Kingston, Jamaica.

    If the rate of inflation is high and you are receiving a low interest rate, you could find it difficult, or even impossible, to beat inflation. The rule is simple: "After tax, the rate of interest you earn on your savings must be greater than the rate of inflation, in order for your money to actually be growing."read more >>
    +119962023-05-12 11:15:12

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