Video
Video Description
The Consumer Price Index reported that inflation at the end of 2022 was at 6.5%. The last year of inflation has been brutal. With the cost of everyday items going up drastically, it essentially feels like you took a pay cut. So in a climate like we’re experiencing right now, it’s important to do all you can to beat inflation. Here are 15 strategies to beat inflation and save money.
1) Move cash to a High-Yield Savings Account (1:02)
2) Use a cash back credit card (1:41)
3) Take advantage of bank bonuses (2:22)
4) Use cash back apps (2:50)
5) Plan out purchases (3:33)
6) Cook meals at home (4:11)
7) Buy in bulk (4:52)
8) Minimize food delivery (5:35)
9) Go generic (6:00)
10) Diversify your portfolio (6:40)
11) Negotiate bills (7:15)
12) Use category-specific rewards apps (7:50)
13) Tackle rate-variable debt (8:15)
14) Consider inflation-adjusted investments (8:56)
15) Avoid high-risk investments (9:16)
