How to prepare for higher inflation

This is from a carefully selected newsletter sponsor we thought you might find interesting. As we discussed, all the international conflicts going on might result in higher inflation in the US in the future.  Today, I’m going to share some things you can do to prepare for higher inflation… - First of all, budget and cut unnecessary expenses. The more money you can free up the better. Why should you do so?  Because we want to save, invest, or multiply that capital… not just waste it.  Remember, every dollar counts. Be especially wary of subscriptions as they can stack up. - One of the most important things you can do with that money is create an emergency fund. Having several months' worth of living expenses to handle unexpected financial challenges without resorting to debt is key.  Why should we avoid debt? - Because high-interest debt, such as credit card debt, becomes more burdensome in an inflationary environment. So reducing or eliminating debt should be another priority as it’ll free up your finances for other investments and avoid getting into sticky situations should things get a bit worse than expected.  So what should you do if you took care of the above items or already are in a financially healthy situation?  Here are two of my favorite options… - Investing in dividend-paying stocks that can provide a stream of income that may keep up with or even exceed inflation rates. - Short-term investments that will keep your assets relatively liquid and cover your immediate financial needs by providing an income. My favorite short-term investment for cash flow will always be trading options.  Which is great because after 9 months we opened up access to [Simplified Options Superstars](~/AATCEAA~/RgRnDQfQP4QCAWh0dHA6Ly90cmFjay5keW5hbWljd2VhbHRocmVwb3J0LmNvbS8_eHRsPW1iMWdxc21hZG5wb3FiaXR1N2JwZ2VvY21veWRsOTFpMWU5bXRpM3g2Y3NsNjNtMWk3dTZ1OG5reDhzY2wyZXVudzFkZzJ3OWV6a29uZDd0azJ3dTg3dXBuOTRvemdjbGdvNmg0d2Y3cThsN3M2ZHk0OXVhcXVvbTZ5OTFmdDRvYXBiZmFna25vN2gzdDI4dTEyeXNzMmExeml4bm4ydmR3Mm9hY29mcSZlaWg9N3AyZ2M3eW9raTg3dmFoc3hpMHo4aDM3aDk2YWNwMWU2c3VuNGhremlna1cDc3BjQgplH9mCKmXwdlP-Uht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAAAAA~) again.  As part of this service, we send you 2-3 easy-to-manage, income-generating options trades alerts per week.  These trades are incredibly simple to execute and really affordable.  So it’s a great opportunity to start working on generating a side income from trading…  That is if you’re not okay with waiting potentially another 9 months to join.  Remember, it’s never too early to start preparing…  Especially if you don’t want to see your and your family’s quality of life affected.  Mark Soberman NetPicks   FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT ADVICE. NetPicks Services are offered for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized financial advice. We are not financial advisors and cannot give personalized advice. There is a risk of loss in all trading, and you may lose some or all of your original investment. Results presented are not typical. Please review the full risk disclaimer:   You are receiving this email because you opted in via our website. We sent you this email because you are a subscriber to the Dynamic Wealth Report  newsletter, published by Hyperion Financial Group LLC, 20701 N Scottsdale Rd #107-154 Scottsdale, Arizona 85255. To ensure you receive future reports, please add John.Alexander@dynamicwealthreport.com to your address book and whitelist our email. If you no longer wish to receive these messages, you can always [unsubscribe](~/AATCEAA~/RgRnDQfQP0TLaHR0cDovL3RyYWNrLmR5bmFtaWN3ZWFsdGhyZXBvcnQuY29tLz94dWw9MWFqZW9xNWl5a2E1NGdvc3BvaWliOGkwaHRja3dzMzJzOTNmOWtzYTJzcW9xejFuaG5sODlzYmM0dmdsd2gybG42Z3gxbWV2cmk3OHJ5dmNtdHl0emxoZGxwYzlsbHQyNDI1eHF5amtjZTU3dGE0ZjYmZWloPTdwMmdjN3lva2k4N3ZhaHN4aTB6OGgzN2g5NmFjcDFlNnN1bjRoa3ppZ2tXA3NwY0IKZR_Zgipl8HZT_lIbdHJpc3RyYW1iYWxkd2luODdAZ21haWwuY29tWAQAAAAA). This message may contain paid advertisements, or affiliate links. This email is for educational purposes and is not an offer to buy or sell any securities.  Find full email disclosures here:  dynamicwealthreport.com/emailnotice Neither the publisher nor the editors are registered investment advisors. We do not provide personalized investment counseling. Consult with your advisors before making any financial moves. 2023 Hyperion Financial Group, LLC. All Rights Reserved.