GYL DictionaryGYL
Banking

Inflation

In plain English

When things slowly get more expensive over time, so the same dollar buys a little less each year.

The analogy

It's a small, steady leak in your bucket. Cash sitting still actually loses value while it sits.

Why it matters to you

It's why just saving isn't enough on its own. Your money has to grow faster than prices rise to get ahead.

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