Understanding what inflation is and how it affects the economy is vital for knowing what to do as a consumer. Let’s define inflation and some strategies you can use to deal with it.

Inflation Defined

With the recent news that inflation has risen 7%, many Americans are concerned the money they have won’t be enough to cover rising prices. Let’s start at the beginning: what exactly is inflation?

Gainesville, Fla. – Florida Credit Union (FCU) is excited to showcase its partnership with Florida Gators Sports Properties of LEARFIELD to benefit The Education Foundation of Alachua County (The Education Foundation) through the “Beyond the Arc” campaign during the 2021-2022 University of Florida Men’s and Women’s Basketball seasons.

As cliché as it might be, the start of a new year is the perfect time to put a financial plan in place. This resolutions guide provides inspiration for you when planning your financial goals for 2022.

Create and Maintain a Budget

Picture yourself on a canoe in the middle of a lake. A budget is like the oar you use to pick a direction and get to shore.