Cash hoarding? Don’t waver at every profitable ad

With inflation raging and the stock market wobbling, it’s certainly good to have a decent amount of cash on hand.

The Labor Department said this week that consumer prices increased by 9.1% for the 12 months ending in June. Over the same period, bank savings deposit interest rate increased from 0.06% to 0.1%. Yes, technically this is 67% higher, but I doubt you’re jumping for joy.

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