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Saving Money: When Frugality Becomes a Dangerous Addiction
... the Benefits of Spending on Yourself
Remember that money is meant to improve the quality of life. Fear of spending can block growth and happiness, making life feel constrained. Spending on health, education, and personal interests is an investment in ... ... life and self-realization.
Frugality is an essential quality that helps create financial stability, but an excessive desire to save can harm mental health and social connections. Save money consciously, while also remembering to allocate a budget for enjoyment ...
Inflation: What It Is, Why It Is Dangerous, and How to Protect Your Money
... increase is modest. However, a sharp rise in prices can complicate life for businesses and ordinary citizens. For example, in post-war Germany during the 1920s, prices rose multiple times a day, and money was almost entirely devalued.
Causes of Inflation Growth
The primary causes of inflation growth are usually attributed to the following factors:
Excess demand. When the aggregate demand from the population and businesses significantly exceeds the economy's capacity to produce goods and services, sellers ...
How does the key rate affect inflation?
...
Reduce the attractiveness of savings: low interest rates on deposits reduce the return on savings, which motivates people to save less and spend more, supporting consumption.
Increase in investment: it is cheaper for businesses to borrow to invest in ... ... investment. However, with a low rate, increased demand can lead to higher inflation.
3. Balance between inflation and economic growth
The Central Bank strives to maintain a balance between economic growth and inflation control. If inflation is too high,...
Savings Certificate as a Means to Preserve and Grow Capital
... and retrieving funds could take a considerable amount of time, especially for larger sums. Banks frequently do not disburse funds immediately, which may take several days. In such circumstances, it is wise to consider alternative methods of capital growth.
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How to Protect Your Investments: What to Do When Facing the Threat of Deposit Freezing and Where to Invest for Safety and Growth
... investment funds and pre-IPOs. Find out which options will help protect your capital and how to choose a strategy that suits you.
How to Protect Your Investments: What to Do When Facing the Threat of Deposit Freezes and Where to Invest for Safety and Growth
Rumors of a potential
freeze on bank deposits
are beginning to cause concern among depositors in Russia. The unstable economic situation is prompting many to seek alternative methods for storing and growing their capital. In this article, we will ...