Listen "What is "shrinkflation" ?"
Episode Synopsis
Inflation is giving way to something called “shrinkflation.” Companies are trying to fight higher prices by cutting corners with their products. For instance, Doritos bags will now contain five fewer chips. Crest is putting less toothpaste in its tubes. And Charmin is cutting 20 sheets from its two-ply rolls of toilet paper. Those planning their retirement can also cut corners. Some avoid talking to a financial professional, opting instead to ‘do-it-themselves.’ Steve explains why your financial future is NOT a DIY project! Call Steve for a Complimentary Income Review! See omnystudio.com/listener for privacy information.
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