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The truth about inflation.

Good morning, money nerds! Are you ready for another week? I am. And I’m hopeful that everyone will remain calm, cool, and collected. Please?

I’ve gathered some top recent stories about money and personal finance to share with you. Let’s dive in!

Today I’m leading with a story from my Apex partner, Jim. I like it.

What you should do with all of the financial advice on the internet. [Wallet Hacks] — “The internet makes financial information accessible to a lot more people, which is great. But it also comes from generally unknown sources which means you have to do your homework. As they say, you can’t believe everything you see on the internet.”

“How spending 13 minutes a day on self-care changed my life.” [Fabric] — “The term ‘self-care’ comes with so much baggage and has been hijacked by brands to try to sell us something. But if I’ve learned anything in therapy, it’s that if I’m not well, nothing in my life is. So I knew I had to do something to engage in self-care that was meaningful, easy and free.”

The truth about inflation truthers. [A Wealth of Common Sense] — “The government isn’t suppressing the ‘actual’ inflation number. And if they were, they would also be suppressing reported economic growth which is something no politician in their right mind would ever do. Inflation is a tricky concept to understand but that doesn’t mean you should listen to the inflation truthers.”

And on a related note (actually taken directly from that blog post), here’s a seven-minute video comparing life in 1973 with life today…and how today’s life is actually less expensive. It’s an interesting look at the changing cost of goods and services, and why it’s so difficult to compare the past with the present.

And that’s all I have for this Monday. I’ll be back tomorrow to share more fun money stories with you. See you then!

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