Have you been witnessing how your money is not going as far as before? We live in a time where there has been a significant rise in inflation. The prices of gasoline and many of the things we normally buy or need are getting higher. In this solo episode, I’m going to share with you what exactly you can do to make navigating your finances easier if you are feeling the strain of inflation.
You will also hear the following in today’s episode:
- The three main causes of inflation
- What your household inflation number is, how to calculate it and how it will help navigate inflation more simply
- Two things you can do right now if you are carrying a credit card balance
Want To Listen To Certain Parts Of The Episode? Hover Over The Minute Mark Below And It Will Take You To That Part Immediately. 🙌🏽
↳Some current stats about inflation. [2:30]
↳What inflation means. [4:15]
↳The three main causes of inflation. [4:54]
↳What you can do to navigate and simplify your life if you are feeling the crunch of inflation. [5:28]
↳Focus on you can control. [5:35]
↳How to calculate your household inflation number and why it is essential to do. [12:35]
↳The two things you can do right now if you are carrying a credit card balance. [22:13]
Resources From This Episode:
Click here to watch this episode on YouTube!
Articles mention on this episode:
In the U.S. and Around the World, Inflation is High and Getting Higher
Inflation: What It is, How It Can Be Controlled, and Extreme Examples
Current US Inflation Rates: 2000-2022
5 Times Your Credit Card Issuer Can Raise Your Interest Rate
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Abrazos + Much Love, Jen
P.S. ¡GRACIAS por escuchar! THANKS for listening!
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The post, What You Should Do If You Are Feeling the Strain of Inflation | HDM 319 appeared first on the Her Dinero Matters Podcast.
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