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Sneaky ways inflation affects your money in 2023

Tuesday, January 17, 2023 at 12:00 AM

Photo credit to OzarksFirst

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By now, you’re probably familiar with the more obvious ways inflation affects your finances. Your money doesn’t go as far at the grocery store, for example. Credit card and other variable-rate debt is getting more expensive as the Federal Reserve raises short-term interest rates to combat inflation. Rates are also rising, albeit more slowly, on savings accounts.

The full article is available at ozarksfirst.com.

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