Marc Davis is the author of several books and has 20+ years of experience writing about business, finance, and economics. Inflation affects the cost of living, doing business, and borrowing money.

Everyday Health independently vets all recommended products. If you purchase a featured product, we may be compensated. Learn why you can trust us. Fun fact: According to the American Society of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who ...