The Money Farm Team

Does Social Security Benefit Increase With Inflation?

Because of rising inflation, Social Security recipients are receiving the biggest cost-of-living increase in decades. The rise of 5.9% went into effect in January. Since the adjustment was announced in October, prices have continued to rise. What effect does inflation have on Social Security benefits? The COLA’s goal is to prevent inflation from eroding the

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Is This A Recession?

Unfortunately, a global economic recession in 2021 appears to be a foregone conclusion. The coronavirus has already wreaked havoc on businesses and economies around the world, and experts predict that the devastation will only get worse. Fortunately, there are methods to prepare for a downturn in the economy: live within your means. Is there a

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