How do you manage your money to get the most out of it?
Every month, we take a deep dive into a topic that's been making headlines in a series called KN Explains. We then ask you to Have Your Say by sharing your own experiences and opinions. Fill out the form to submit your answer to this month's question. Then check cbckidsnews.ca again next week to see if your thoughts are featured!
Is your trip to the convenience store feeling a bit more expensive lately?
Wait, chocolate bars cost how much now?!
No, you're not just imagining it. Things are getting more expensive.
Inflation is the general and ongoing increase in the price of goods and services.
We use something called the inflation rate to measure how much those prices change over time.
While it's normal for prices to go up, in the last few years since the COVID-19 pandemic, the jump has been much bigger than Canadians are used to.
When things cost more money, you might feel more pressure to make every dollar count.
So, how do you manage your money to get the most out of it?
Are you a spender? A saver? How do you balance the two?
Share your thoughts with CBC Kids News.
Want to know more before you answer?
Click play to learn more about the three main causes of inflation using a chocolate bar.
You can read the answers to the last Have Your Say question here:
What is something that you learned about MMIWG2S+ on Red Dress Day?
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