1977: [Part 2] How to Survive Inflation and Make it Work for You by Liz of Frugal Woods
Optimal Finance Daily - Financial Independence and Money Advice
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How to Survive Inflation and Make It Work for You
Don't panic. No one ever makes good financial decisions when they're panicking. Understand which items are hit hardest by inflation and strategize ways to avoid buying those things, such as beef and used cars. Don't pay off a fixed, low interest rate mortgage. Ask for a raise or find a higher paying job. Have a credit card strategy that gives you rewards you'll actually use. Use this time to flex and develop your frugal muscles. And know that no one knows what will happen, and things could go back to normal, or inflation could continue to rise.
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