A currency (peso, dollar, euro etc.) buys less as inflation eats away at its value.
The Rule of 72
To figure out how fast your money is losing its value, you can use the rule of 72. Just divide 72 by the current inflation rate to find the number of years it will take prices to double.
72/Current inflation rate = Number of years until prices are doubled
72/12% = 6 years until a kilo of rice will double
Example: Current price of Rice/kg (2008) = 38.00 Pesos
After 6 years, (Year 2014) the price/kg of rice will be = 76.00 Pesos
A collection of simple tips regarding healthy lifestyle, self-improvement, financial matters, and spirituality including advices from experts.
Thursday, November 27, 2008
Saturday, November 15, 2008
IONIZED ALKALINE WATER FOR HEALTHY LIFE
Instead of drinking ordinary distilled water, try to ask your water delivery if they have IONIZED ALKALINE WATER. It will help balance the ACIDITY level of our body due to the unhealthy foods we take-in which are oftentimes the cause of many dreaded diseases and cancers.
REPORTED HEALTH BENEFITS OF ALKALINE WATER
~Helps with weight control
~Curbs hunger when dieting
~Reverse the aging process
~Lowers blood pressure
~Prevents cancer
~Increase energy when exercising
~Flushes wastes from your body
~Helps body hydrate quickly
~Improvement on the folowing conditions:
arthritis,diabetes,migraine, indigestion,
high blood pressure, chronic diarrhea,
chronic constipation, & heartburn.
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