How to Fight Inflation!
April 14, 2022
Did you know that inflation has increased by more than 7% in the past year?1
Inflation has been a hot topic recently – and for a good reason! Common effects of inflation include the erosion of purchasing power and increased cost of borrowing.2
The good news is you can help fight the effects of inflation with income sources. I want you to imagine a legal pad, and on it you see this list with a box next to each one:
- Social Security
- Pension
- Income Annuity
- Dividend-Paying Stocks
- Rental Income
- Part-Time Work
How many of those boxes do you have checked? The more you check off, the greater the chance you have of fighting the impact of inflation.
To better understand how inflation could impact your financial strategy, contact us to schedule a complimentary consultation!
1. https://www.cnbc.com/2022/02/10/january-2022-cpi-inflation-rises-7point5percent-over-the-past-year-even-more-than-expected.html
2. https://www.investopedia.com/articles/insights/122016/9-common-effects-inflation.asp