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LPT: Inflation is currently ~2% per year. If you are not getting more than that per year as a raise, you are getting a pay cut. If you are not earning more than that in returns on your savings, you are losing money. • r/LifeProTips

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LPT: Inflation is currently ~2% per year. If you are not getting more than that per year as a raise, you are getting a pay cut. If you are not earning more than that in returns on your savings, you are losing money. • r/LifeProTips
It amazes me how many people I talk to who don't take inflation into account when they get a raise. Also, if you have a bunch of cash sitting in a...
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