Dear ,
Talks about inflation are dominating conversations across the country. In many cases, people are discussing how bad it is, and how it can hurt them in the medium to long-term.
I understand that it’s important to observe current affairs, especially those that can hurt your bank account. However, you should also go beyond just discussing them like everyone else and start thinking of ways to protect yourself during such marauding
inflation.
The first thing you should do for protection is to consult your budget and make adjustments right away. This is because, as inflation is rising, many salaries remain stagnant. So, your income remains the same but can no longer buy the same things as before.
You must adjust your budget immediately to avoid being surprised and stressed out when you can no longer afford important bills, like mortgage repayments.
If you do not have a budget, start creating one now. You can get my custom Personal Budget
Spreadsheet only for $19.99 to get started.