Terence Eden. He has a beard and is smiling.

Terence Eden’s Blog

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Do savings accounts really lose money to inflation?

· 650 words


Graph plotting inflation vs interest. Interest beats inflation until about 2008.

I'm absolutely addicted to the Reddit's UK Personal Finance forum - where people mutually support each other through the difficult world of managing one's personal finances. It's a great community and full of people eager to help others. In amongst the confusion around pensions, tips for budgeting, and complaining about debt-collectors is a persistent drumbeat encouraging people to save money.…