When It Rains, It Pours
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Our family takes full advantage of this beautiful weather, and I am sure these claimed averages do ring true, but this does not stop us from checking the weather forecast on a daily or weekly basis. Whether we are making a trip to the local zoo, planning a beach day, or having a picnic with friends, we\\u2019d like to know the specifics of what the weather will be like.
\\nWe need to know if we should pack jackets for our two boys or if we should wear shorts or on the rare occasion that it would be wise to bring an umbrella. We don\\u2019t prepare for an outing based on the \\u201caverage\\u201d weather; we plan according to the day\\u2019s actual weather.
\\nI know the statement above is both obvious and silly, but when it comes to inflation, people often prepare and fear the \\u201caverage,\\u201d but are unaware of the actual. Today we will discuss why inflation is a very personal matter and how one\\u2019s financial plan should address their personal inflation expectations.
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