Additional Information
Please fill-in the following information before you start your courses:
First Name: Last Name: Organization/Agency your work for: (Please put N/A if you are not working for anyone) City and province: Which of the following financial empowerment services does your organization provide? (Check any that apply): Save
Show inline popup

Inflation and your household budget
Get it

You need to login or register to bookmark/favorite this content.

Inflation tells us how much prices have changed year-over-year. It’s noticeable in the cost of everyday things, for example the price of a candy bar today compared to 20 years ago. Over time, increases in inflation tend to be offset by increases in wages, since inflation and wages both tend to increase gradually.

However, a more sudden increase in inflation can cause financial stress, due to sharper increases in the cost of living. If your paycheque suddenly doesn’t stretch as far, that means it’s a good time to take a look at your personal finances.

Learn more about inflation on the Ontario Securities Commission website. 


Author: Ontario Securities Commission
Topic: Financial literacy
Publisher: Ontario Securities Commission
Location: Canada, Ontario
Format: Article
Content Type: Research
Publication Date: August 12, 2022