ilmscore | Savings Account Growth vs. Inflation Predictions
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Savings Account Growth vs. Inflation

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Recent Predictions

Total: 4
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Incorrect: 0
Pending: 4
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The average savings account interest rate (0.6%) is lower than the average inflation rate (2.4%), meaning savings are losing purchasing power. After one year, $100 saved would become $100.60, while groceries that cost $100 would now cost $102.40.
"The average interest rate on a savings account in America at the time of recording this video is 0.6..."
Minority Mindset Minority Mindse...
Jun 19, 2025
Pending
The Middle-Class Tra...
After 10 years, Rs. 3000 monthly savings in a savings account will have a real worth of Rs. 1 lakh due to inflation.
"after 10 years you have saved more than Rs. 1 lakh but due to inflation its worth is only Rs. 1 lakh"
warikoo warikoo
Jul 21, 2024
Pending
INVESTING ek ZARURAT...
After 20 years, Rs. 3000 monthly savings in a savings account will have a real worth of Rs. 85 lakh due to inflation.
"after 20 years you have saved more than Rs. 24 lakh but its worth is only Rs. 85 lakh"
warikoo warikoo
Jul 21, 2024
Pending
INVESTING ek ZARURAT...
After 30 years, Rs. 3000 monthly savings in a savings account will have a real worth of Rs. 75 lakh due to inflation.
"after 30 years you saved Rs. 1 lakh but its worth is only Rs. 75 lakh"
warikoo warikoo
Jul 21, 2024
Pending
INVESTING ek ZARURAT...