Amanda Stanhaus

Tag: inflation

Consumer Price Index

CPI. A # that tracks changes in prices (inflation) by tracking a basket of goods ranging from groceries to cars.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

 

Inflation

The growth rate of prices. The change in purchasing power of money. On average, the price of everything is going up. Those classic pumps are more expensive each year.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Purchasing Power

Not a magical power, sorry. This is how much bang I get for my buck.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)