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Feeling the Pinch: How Inflation Could Shake Up Your Financial Future! - Mindy McIntosh #6021
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Manage episode 406601321 series 1401217
Content provided by Kerry Lutz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerry Lutz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Mindy and Kerry discussed the potential impact of inflation on financial planning, retirement, and cost-saving strategies. Mindy provided a detailed analysis of the 0.4% increase in prices and predicted a potential worsening of inflation due to factors such as energy prices and increased travel demand. Kerry raised concerns about the housing market and the impact of higher interest rates, while also discussing the effects of increased travel demand on airline prices and employee pay increases. The conversation emphasized the need for careful budgeting, increased contributions to retirement plans, and tax-efficient strategies to mitigate future financial risks. They also discussed various strategies for cost-saving and smart shopping, including meal planning, utilizing apps and coupons for savings, and the importance of distinguishing between needs and wants. Find Mindy here: wealthmichigan Find Kerry here: FSN
…
continue reading
1768 episodes
MP3•Episode home
Manage episode 406601321 series 1401217
Content provided by Kerry Lutz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerry Lutz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Mindy and Kerry discussed the potential impact of inflation on financial planning, retirement, and cost-saving strategies. Mindy provided a detailed analysis of the 0.4% increase in prices and predicted a potential worsening of inflation due to factors such as energy prices and increased travel demand. Kerry raised concerns about the housing market and the impact of higher interest rates, while also discussing the effects of increased travel demand on airline prices and employee pay increases. The conversation emphasized the need for careful budgeting, increased contributions to retirement plans, and tax-efficient strategies to mitigate future financial risks. They also discussed various strategies for cost-saving and smart shopping, including meal planning, utilizing apps and coupons for savings, and the importance of distinguishing between needs and wants. Find Mindy here: wealthmichigan Find Kerry here: FSN
…
continue reading
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