Inflation: How It Impacts You & How to Prep Your Money 2023

Let’s talk about the elephant in the room – inflation. You hear about inflation everywhere and feel it every time you fill up your car at the gas station or pop into the store to buy some food. Inflation is currently around 7.7%, which is the highest it has been since the early 1980s, and it looks like it’s here to stay much longer than Pumpkin Spiced Lattes. You might be asking, who benefits from inflation and where’s my inflation relief? It’s not all bad though – higher inflation typically means higher interest rates on your savings accounts which will have your emergency fund singing hallelujah for a change. So I went to my fellow podcaster, Chris Browning, host of the award-winning short-form podcast Popcorn Finance to join us for a conversation all about inflation. This episode isn’t filled with boring stats, instead, Chris shares thought-provoking details like the psychology behind inflation, a deep dive into potential pros for inflation, and the exact steps you need to take to set your money up in 2023 to help combat inflation. Grab a beverage, sit back, and let’s start talkin’.

 

Inflation 2023 Podcast with Shannah Game featuring Chris Browning

What You’ll Learn

 

    • What Is Inflation

    • Who Benefits From Inflation

    • Where’s My Inflation Relief

    • Psychology Behind Inflation
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    • Steps to Set Up Your Money

LINKS

Popcorn Finance

Chris on Instagram

Chris on TikTok

Inflation Report Nov 22

SPONSORS

Thanks to Ka’Chava for sponsoring the show. Ka’Chava is offering 10% OFF for a limited time at Kachava.com/mymoney.

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Thanks to Chime for sponsoring the show. Get started with Chime today. Applying for a free account takes less than 2 minutes. Get started at chime.com/mymoney.

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This episode is sponsored by/brought to you by BetterHelp. Give online therapy a try at betterhelp.com/mymoney and get on your way to being your best self.

This episode is sponsored by Planet Money. Listen now to Planet Money from NPR — wherever you get your podcasts.

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FREE GUIDES + RESOURCES

 

FAV MONEY APPS + TOOLS

Favorite budgeting apps – You Need a Budget & Monarch

Best High Yield Savings –  Marcus & Ally Bank

Favorite online bank account – Chime

Best climate-conscious online savings & bank account – Aspiration

Best Business bank account – Novo 

Personal loans – Upstart 

Affordable Life Insurance – Ladder

DISCLAIMER: This podcast and money content are for educational purposes only. Always consult with your financial advisors prior to making money decisions. Please do your own research to figure out whether a financial product, tip, or suggestion will work for your money goals. You can find a Certified Financial Planner in your area here

 
 

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