During periods of high inflation, rising costs can be a source of stress. But with a few changes to your financial plan, you can lessen the impacton your household budget.
In brief
In times of inflation, prices increase and the value of currency decreases.
Keep the money you set aside for the future in an account that earns interest.
Identify expenses that can be trimmed by tracking your spending.
Focus on paying down variable rate loans.
Choose a credit card that offers rewards to get more value out of your purchases.
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