63% of Americans attribute their financial insecurity to inflation. In order to navigate through challenging financial times, it's essential to arm yourself with strategies that can help you combat the rising tide of inflation.
REVIEW YOUR EXPENSES
Define All Income Sources: Create a list of all your income streams and explore opportunities for additional income.
Outline fixed and variable expenses, while beginning to identify areas where you can potentially reduce costs. During challenging financial seasons, it’s important to prioritize essential spending (home, food, etc.) and lessen non-essential spending (eating out, overspending on entertainment, etc.)
COST MANAGEMENT
Begin to implement cost-cutting strategies. Opt for store brands or generic products and share for discounts/coupons to reduce grocery expenses.
Review your subscriptions and see if there are unnecessary ones you can eliminate. Additionally, contact your service providers for updated quotes to save money on cable, internet, etc.
Build and maintain an emergency fund that covers at least one to three to six months of essential expenses.
PROFESSIONAL GUIDANCE
If needed, find a financial coach to help identify your next financial steps and guide you through your personal finances.
There are ways to combat inflation! Implement these small changes to help yourself succeed during challenging financial times. We want to help you manage your money well during times of high inflation with the Inflation Busting Bundle!
Discover the tools and resources to equip you for success during challenging financial times. This full bundle includes:
COURSE: Principles for Managing Money in Challenging Financial Times
WEBINAR: How to Fight Inflation and Thrive
3 EBOOKS: On Budgeting, Debt Elimination, Bill Payment
1 PAGER: 10 Steps You Can Take Right Now
3 TOOLS: Weekly Budget, Monthly Budget, & Debt Freedom Date