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ilmscore | Prediction Details
"keeping money in the bank makes you lose around 5% every year because inflation for a city people is around 7 to 8% but your bank gives you only 3%"
By
Finance With Sharan
|
September 26, 2023
|
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From video
This Will Make Your Poor #financewithsharan #shorts
00:00:38 - 00:00:47
Interpreted Prediction
Inflation at 7-8% annually erodes savings by 5% annually when bank interest is only 3%.
Prediction Details
Topic
Inflation Impact on Savings
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