Inflation

We are working real hard to earn money, trying our very best to clear our debts, saving real hard to accumulate for our dream car, for our dream house, for our dream lifestyle, our maybe for some of us … for our marriage and children educations.

However, it may be disheartening to learn about this :
Our inflation rate is relatively high.. has been creeping up from a low of 2.4% in January to a high of 3.1% in May (just a mere 5 months)
The rising consumer price index (CPI) has been due largely to government’s decision to rollback subsidies on petrol & diesel, as well as imposition of higher sin taxes such as tobacco & alcohol last September.
With current Fixed Deposit (FD) of less than 1 year maturity yielding returns of 3% or lower, Malaysians are experiencing a real negative return of 0.1%.
This negative gap was likely to widen further as the CPI is expected to increase to 4% in near future.
Source : Star Biz
What happen to our hard-earned money? What about our money we put in our savings accounts that may offer 1% - 2% interest return? Aren’t we getting real negative returns?

Maybe in situation like this .. "Ignorance is not bliss"