5 surefire ways to beat inflation


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Feeling like your paycheck hasn’t gotten this far lately? This is not your idea. That’s inflation.

According to the consumer price index, headline inflation rose 6.8% between November 2020 and November 2021. It’s the biggest jump in almost 40 years.

Does that sound scary? It is. But don’t let financial fears paralyze you. Instead, look for ways to turn inflationary problems into financial gains.

You see, we are not just talking about short-term inflation security. Tactics like using coupons or wearing your winter coat for an extra year are great ways to balance the household budget. But you also have to think long-Expression.

Yes, grocery vouchers will save you $ 10 this week. But the purchasing power of that $ 10 is eroded every year. So why not invest in an investment platform instead of your piggy bank?

Or why not the hour (s) you spent researching and downloading these coupons for a much bigger profit, e.g.

A few clever tactics can save you something serious Coin. Just look.

1. Save thousands on your mortgage

Have you checked mortgage rates lately? If you bought your home some time ago, you are likely paying much more interest than you should.

Refinancing sounds like a lot of work, and it can be. Fortunately, a direct lender called Better will make things a lot easier on your side.

The company can give you price quotes almost instantly. Better does not charge any lender fees or creation fees and offers an on-demand price lock.

Of course, refinancing is not the right choice for everyone. You need to make sure that the refinancing costs make sense for your future plans.

However, millions of homeowners love these lower monthly payments after refinancing. Your potential savings can be up to $ 3,000 per year. Imagine what that money could do for the bottom line of your household.

Take a few seconds to Get your new, personalized tariffand see how much you could save.

2. Add $ 1.7 million to your retirement

Do you think you will be fine with your company’s 401 (k) entry-level offering or choosing your own investment options? Think again

According to a Vanguard study, a self-managed investment of $ 500,000 will grow to an average of $ 1.69 million in 25 years. Not bad. But look at this: under the care of a consultant, the same money would turn into $ 3.4 million, according to the Vanguard study. Don’t you want twice as much from the same investment?

Imagine what you could do with an additional $ 1.7 million. Whether retirement, dream vacation, house renovation, helping children … the possibilities are endless.

Fortunately, finding the perfect professional has never been easier. With a free matching service called SmartAsset, you will be connected to up to three local financial advisors. Each advisor is a trustee and can ensure that you are getting the most out of your investments.

Of course, there’s no guarantee a pro will do better than you, but with so much at stake, it’s foolish not to at least check it out. The process only takes a few minutes and for the most part you will Get a free pension consultation immediately.

Isn’t it time you got more out of your investments? Find your advisor match now.

3. Save $ 700 + yearly for car insurance

That’s a pretty nice piece of change, isn’t it? And it’s not just a one-time thing: people who Switch car insurance to progressive This is how much you save every … single … year!

The money you save (every year!) Can be used for gasoline, repairs or a “possibly new car” savings account. Or you could have it work for you elsewhere: a retirement plan, an emergency fund that is invested in a non-annuity account to keep those savings inflation-proof.

Progressive is known for its robust insurance coverage. Saving on premiums does not mean saving on insurance cover. Did we mention that you save on premiums every Year? And if you have two (or more) cars in your household, well, you canchin!

In minutes, you can get the protection you need for hundreds of dollars less. It makes you cry, doesn’t it, thinking of all the dollars you’ve paid too much in years?

Take a few minutes to Get a free quote from Progressive today, and start keeping more of what is yours.

4. Build a commercial real estate empire

Do you remember saving $ 10 on groceries? That’s all you need to get started investing in real estate Fundraising.

And that investments could lead to big profits. According to Fundrise, the average investor rose 26% in three years and more than 50% in five years.

Sure, past performance does not guarantee future performance. But real estate is one of the best ways to diversify and avoid the sometimes frightening ups and downs of the stock market.

Plus, as a real estate investor, you don’t have to interview potential tenants or collect the rent. Fundrise takes care of that. It only takes a few minutes to start investing and you can Start with just $ 10.

Find out why more than 170,000 investors are investing in Fundrise. Sign up now in seconds.

5. Invest in iconic paintings by world-class artists

Billionaires collect art, so why not?

Once upon a time there was only the obscene rich who could invest in the fine arts. The rest of us had to read articles about how a painting that sold for £ 45 in 1958 fetched a whopping $ 450.3 million at auction in 2017.

Who wouldn’t want a piece of it? Now with a company called Masterpieces, you can become part of the global art market.

When buying shares in a large company, you are ordering as many shares as you can afford. At Masterworks, this is how it works: you can buy blue-chip artwork for just $ 20 plus fees.

Again, no one can promise that the value of works you co-own will skyrocket and never lose ground. Past performance versus future results and all that. But when the visual arts are valued, by and large it can be. An art auction in November 2021 had leaps such as “Original price $ 1 million, selling price $ 16.9 million” and “Original price $ 6.7 million, selling price $ 50.8 million”.

Do you want to own a piece of art history and diversify your portfolio? Request your invitation to participate now.

Disclosure: The information you read here is always objective. However, sometimes we get compensation when you click on links in our stories.

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