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Inflation Defense

Samuelโ€™s Thoughts the Blog

By Samuel Published 2 years ago โ€ข 1 min read

With the cost of living steadily increasing, what adjustments have you made to combat inflation? Many Americans are crossing their fingers and hoping it goes down, while others are working 2-3 jobs for 10-16 hours a day just to stay afloat. Some have drastically cut expenses in areas they don't need as much. With so many different ways to combat inflation, my thoughts are to work towards ensuring that when it comes around again - because it will - you will be less impacted than before. This means being financially stronger than you currently are. It can include working towards building a savings account, making sure you have multiple streams of income at all times, and adding investments to your portfolio. Whatever getting financially stronger looks like to you, make sure it gets done, because it's not a matter of "if" inflation is going to hit again, but "when". Be ready for it and lessen the blow.

-Samuel

inspirational

About the Creator

Samuel

Writer & Blogger

-always addressing the elephant in the room ๐Ÿ“๐Ÿ˜

Instagram: @samuelshouseofart

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