By ColdFire @ Adobe Stock
Control is behind a lot of the problems in the world. But you have more control than you think. You, unlike a government statistic, don’t need to buy the basket of goods the Feds use to measure inflation. You are a value hunter. You seek out good deals and live to talk about them because what’s more fun than talking about a good deal?
When the government comes out with inflation stats, you and I know we’re at nosebleed levels already. It’s not like prices are going to fall. Now that we’re at this point, steady increases are just piling onto already too-high prices. But as an inflation fighter, you can invest in areas you spend your money on, like utilities/energy, for example.
How about your home? Most of you tell me you own your home, your cars, and have no debt. You’re happy living within your means, and you pay off your credit cards monthly. When it comes to your investments, you know the perils of trying to beat the market or ride this hot stock or that one. You know your risk tolerance is closer to intolerance. That’s something many unfortunate investors realize too late.
But here’s the kicker. You have to live. You need to take those trips. Spend some money. Because beating yourself up over inflation is simply not thinking outside the box. You know how to be creative with your spending, so do it. Just make sure you’re doing what you can about how you invest. It’s not so much about what you invest in, but how.
Action Line: Take a deep breath. You got this. You’re in control. When you’re ready to talk, let’s talk.
Originally posted on Your Survival Guy.
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