Sneak Peek of FinCap Friday! Tim & Yanely discuss "shrinkflation" tricks used on Halloween treats
Tim and Yanely chat about the way inflation is affecting the upcoming Halloween festivities. What can we expect? Well... higher price tags for candy, costumes, decor and more! But why? Tune in below to find out:
This quick discussion explores questions like:
1) What reasons exist for higher price tags this fall on Halloween candy, costumes, decor, and more?
and
2) What's the difference between inflation and shrinkflation?
Related NGPF Resources:
Which Halloween item do consumers expect to spend the most on in 2021?
About the Authors
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
Yanely Espinal
Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!
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