thehomeground asia
28 Oct 2022

Working the savings harder in a time of high inflation

Kevin Lim

As inflation spirals and life costs a lot more than it did two years ago, it is time to make whatever money you have in the bank work as hard as possible, if not harder.  A common back-of-the-envelope calculation used by financial planners and experienced investors is “The Rule of 72” – which estimates the…