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History of Money |
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Investing | |
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Savings Options | |
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Introduction Piggy Banks Theft Loss Inflation Savings Accounts Checking Accounts Bouncing Checks What If? Quiz |
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Piggy Banks : Inflation So, the two dollars that could have bought 4 soda pops a couple of years ago can now buy only 2.
So, how do you handle problems like these?
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This
concept is a little more difficult to explain. Do you remember when the
price of a soda pop was 50¢ or less? Well, now soda pop costs around
75¢ to $1.00. Over the years, prices rise. That is 
Imagine
that you have been saving quarters in your piggy bank for 10 years. Those
quarters just aren’t worth as much as they used to be!