Combat inflation with 5 easy steps

 

“If we implement things as part of our lifestyle, then when we see the economy shift—when we see inflation shift—we’re already equipped”

Inflation. The new but not so pretty buzz word. You’ve likely heard it millions of times over the last several months and you’ve definitely experienced it, within your bank account. The price of everything has gone up. And it’s not just high ticket items; it’s groceries, it’s gas, it’s everyday items that fuel your household and your lifestyle. Just this morning, my husband and I were having our weekly Money Date and reviewing our budget and I had to adjust my gas budget for the hundredth time in the last few months! We are all seeing it and financially feeling it.

Considering the inflation rate hit a record 8.1% this past summer, there’s no surprise that people are feeling the effects in their bank accounts. In my discussion with Forbes, I suggested some easy steps that almost every Canadian can take to deal with inflation rates, regardless of future highs or lows that might come up. You can even apply them as part of your regular lifestyle. 

Click here to read the full article. 


READY TO LEARN MORE ABOUT MONEY SO THAT YOU HAVE THE RIGHT FINANCIAL KNOWLEDGE TO BE BETTER EQUIPPED FOR ECONOMY SHIFTS?

 
 

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MEDIAVanessa Bowen