What Your Grandma Knows That You Don't

This video will give you the tools you need to fight the biggest adversary to your financial freedom. A foe that only your grandma truly understands and it calls itself inflation.

“Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.”-Sam Ewing




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You've probably had a grandma or a granddad that talked about

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how many things they could buy with so few money. So like five

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dollars could get to the picture theatre, contribute halfway towards a house and

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you can still buy a diamond ring for your girlfriend. It was that

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sort of thing. So we're realising how much our money can buy is decreasing.

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How many people here have the majority of their money in the bank would you say? Just raise

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your hands. Okay cool. So the people in the room there's

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something called inflation and we hear about it we talk about it at school, but,

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what are the implications for us? So you've got the money in the bank, what's the return do you think?

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2%, 3%, small, tiny? So what we talk about in finance is the real return what

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are you actually getting?



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