Why your idle cash is quietly losing its value: Here's how to beat Inflation and get out of stagnant, low-interest traps
· livemint.com
With inflation at 5.8%, savings accounts paying 2.7% to 3% lose purchasing power, despite growing balances. Keep three to six months of essential expenses accessible, then consider diversified investments for longer-term goals.
Sounak Mukhopadhyay
Sounak Mukhopadhyay covers trending news, sports and entertainment for LiveMint. His reporting focuses on fast-moving stories, box office p...