Dealing with Inflation
We are currently facing the worst inflation we’ve seen in decades. This episode is dedicated to discussing ways to lessen its impact on your wallet. If you have been feeling the squeeze lately or are worried about the coming months, this one is for you. Not only will I share the importance of budgeting, but I’ll also give you some simple ways to slow down your spending and create more room in your budget.
When it comes to your budgeting, saving, and spending, there are quite a few little things that can make a BIG impact in the long run and save you some stress in these more pricey times. I will talk about various ways to check in with the way you pay bills, what services you use (or DON’T use), how to optimize your schedule and home to save you some money now, and much more.
Listen To The Episode Here:
What You’ll Learn:
- The basics of budgeting.
- What kinds of debt to prioritize and what to look out for.
- Why you should make your home more energy efficient.
- How to save money when it comes to your car.
- Re-evaluating subscriptions and providers.
- Where to save at the supermarket.
- Pressing pause on luxury purchases.
- Don’t neglect your savings.
- Allow your money to go to work for you.
Ideas Worth Sharing:
- “Shop smart. Coupon websites often have coupons for the website you are buying from.” - Regina McCann Hess
- “It’s a great time to re-evaluate streaming services, subscriptions, and memberships.” - Regina McCann Hess
- “Even if you don’t have much to invest now, the power of compounding will turn small amounts into large amounts over time. Playing the long game has historically paid off for investors.” - Regina McCann Hess
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