Inflation is Here. Here’s How We Are Dealing with It #1765

In episode #1765, we talk about the current period of inflation and share some of the ways we are dealing with it. The term inflation refers to a process whereby currency becomes somewhat devalued and things gradually begin to cost more. While what we say should not be considered financial advice, listen along and hear about a strategy involving putting cash into hard assets. TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: Inflation is Here. Here’s How We Are Dealing with It. [00:38] Understanding inflation: decreased buying power. [01:12] Signs of the inflationary landscape right now. [01:50] Don’t leave as much of your money in cash. [02:30] Aim for hard assets. [02:53] Remembering the period of hyperinflation in post-WW1 Germany. [04:13] Be careful not to take on too much risk. [04:56] Go to marketingschool.io/live to hang out with Neil and Eric in September.   Get ad-free listening plus exclusive content with Marketing School Pro. Try for free at www.marketingschool.io/pro   Links Mentioned in Today’s Episode: Leave Some Feedback:     What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.     Connect with Us:    Neilpatel.com Quick Sprout  Growth Everywhere Single Grain Twitter @neilpatel  Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.