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At 3.8% annual inflation, your $100 will still be $100 in 20 years time, but what you can buy with that $100 will change. Inflation changes every quarter, in Australia, it has averaged 3.8% in the last 12 months (to June 2026) So if inflation is eating your money (at 3.8% each year) you need to be getting a 3.8% return on your money just to keep the current value of your money 😎 If your bank is advertising a return of less than 3.8% p.a. Your money is actually going backwards! Hence why it is not ideal having your savings in a bank! (this is not personal advice) 😎 #inflation #banks #investments #moneysaving #financeforbeginners