Everyday Money
What Rising Prices Do to You
Not to “the economy”: to your salary, your savings and your rent. They change at different speeds, and that is what matters.
6 min65 XP available3 challenges
The money is safe. Nobody takes any of it, the bank does not fail, and the number in the app never goes down. The only change is that everything you wanted to buy with it gets more expensive.
What it can still buy
€8,203.48
In today’s prices, after ten years
- Gone
- 17.97%
Lost without anyone sending you a bill
2%
2% is what the ECB aims for. The euro area hit 8.4% in 2022.
Compare the 2% target with 5%, and leave under €7,000 standing
- Try 2% — done
- Try 5% — not yet
- Compare the 2% target with 5%, and leave under €7,000 standing — not yet
Answer to continue.