Inflation

Inflation: Understanding Rising Costs

Prices for groceries, gas, and housing don’t stay the same forever—they go up over time. This is called inflation, and it affects how far your money goes. For young adults, understanding inflation is key to managing budgets, saving wisely, and preparing for future expenses. This course explains what inflation is, why it happens, and how to adapt when the cost of living changes.

Participants will learn how to:

  • Understand what inflation is – How prices rise over time and how that impacts purchasing power.

  • Recognize causes of inflation – Supply and demand shifts, production costs, and economic changes.

  • See the effects on everyday life – Rising prices on groceries, rent, gas, and services.

  • Understand long-term impact – How inflation affects savings, investments, and the overall economy.

  • Develop strategies to cope – Budget adjustments, shopping smarter, and prioritizing needs vs. wants.

  • See the connection to wages and interest rates – Why paychecks, borrowing, and saving don’t always keep up with inflation.

  • Plan ahead – Using savings, investments, and smart financial habits to stay resilient when prices rise.

By the end of this course, participants will understand that inflation isn’t just an economic term—it’s something that directly affects their wallets every day. They’ll leave with strategies to make their money stretch further and protect themselves financially even when costs rise.

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