When a period of high inflation hits — like right now — you may want to consider changing up the way you handle your finances. Here are some ways to save during periods of inflation.
If you haven't looked over your budget in a while, now may be a good time. During the pandemic, you may have subscribed to multiple streaming services that you don't use anymore, or you might be spending more money dining out or paying for more convenience services now.
"For someone who has a lot of cash sitting on the sideline, could help you not lose money," Russell said."More people might be willing to take on more risk because they want a higher rate of return."
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