Inflation is the silent assassin of the personal finance world.
While stock market crashes and bank defaults grab the headlines, over the long term it is the silent creep of inflation that will destroy the value of your money.
Sure, an increase of a few pennies in the cost of a pint of milk, a loaf of bread or a litre of petrol doesn’t seem like much but added up over the years the effect is huge.
If you want to be able to maintain the purchasing power of your money for the rest of your life, long after you’ve stopped working you need to make sure it is working hard enough for you now.