Sounds Familiar?
If you enjoyed this post,
I was reading this article at Bloomberg.com today when I noticed this quote,
“At least it’s an increase in reserves, even though it’s still very small,” said Fanie Joubert, an economist at Efficient Group in Pretoria. “The problem is the speed at which imports are rising. It indicates the Reserve Bank needs to continue building reserves.”
I reminded me of a quote I discovered, Brilliant Business Model Needed a few months ago which lead me to my Thought Of The Day where I talked about a few points including this one,
Treat your personal finance as your own business.
I have to say that the speed of inflation is certainly an indicator to continue building my personal finance reserves. Some years, inflation will increase, and some years inflation will decrease. We have no control over that.