The phrase "letting the inflation genie out of the bottle" is a metaphor for how difficult it can be to manage consumer prices once they become a force in the economy. Use the calculator to get an idea of how much money you would need today to replace the same dollars from previous years.
Inflation-Adjusted Value
The only inflation level that matters is the inflation you are experiencing. So if you're struggling to keep up, please reach out. If you don't see much of a change, that's great news, but please keep one eye on the genie!
Related Content
Does Your Child Need to File an Income Tax Return?
When your child has income, there’s a good chance that he or she will need to report it and pay taxes.
The A, B, C, & D of Medicare
Learn about all the parts of Medicare with this informative and enjoyable article.
The Richest Man in Babylon
In good times and bad, consistently saving a percentage of your income is a sound financial practice.