In simple terms, inflation is defined as an increase in the general level of prices for goods and services. Deflation, on the other hand, is defined as a decrease in the general level of prices for goods and services. It matters because inflation decreases the purchasing power of your money in the future
The sports world has shut down because of the coronavirus. The NBA, NHL, MLB, PGA, MLS, USATF, ATP, USAT, NASCAR, XFL, NCAA, your local high school and your town’s recreational leagues are all closed. And no one really knows when they might reopen. No matter what your favorite sport, you probably lean more toward defense or offense, right? But when it comes to your finances, which one are you? Are you more comfortable on offense or defense?
