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Introduction Inflation is a persistent increase in the prices of goods and services over time, and while it is a natural part of any economy, its impact on personal finances can be far-reaching. From rising costs of daily essentials to the erosion of your savings, inflation can affect almost every aspect of your financial life. In this post, we’ll explore how inflation influences your finances and share practical strategies to help you protect your wealth in these uncertain times. Reduced Purchasing Power The most immediate effect of inflation is the reduction in...