Every now again, we hear about inflation, and the way it erodes your earning power.
As prices rise, you either have to earn more money, to keep pace, or you have to cut back on your spending so that you aren’t using as much of your money.
Most people prefer to look for better returns.
The right investments, or leveraging your money on low-rate loans to position yourself for the future, can help you make the most of your money now and hedge against inflation.
However, you can also hedge against inflation in a more indirect way: Get an education.
Higher Degree = Better Earning Power
You’ve heard stories about how someone with a degree makes more money than someone without one. And, for the most part, it’s true. If you invest in a college education, you are repaid with a higher lifetime earning power.