It’s an understatement to say that the political discourse in our country is a mess! And the problem isn’t that you just disagree- that you think someone on the other side of the political aisle has the wrong opinion. That’s certainly a part of it, but the major political issues of the day that Americans are rightly discussing require patience and a nuanced understanding of different ideas to make progress. Instead, we have anonymous accounts on social media, partisan media, divisive rhetoric from leaders, and the pandemic which further polarized the political divide. All are factors that have contributed to politics being a hot button topic. Similarly, it’s not just inflation that’s causing everything to feel like it’s costing us more money- that our dollars aren’t getting us through to the end of the month. Inflation is a major culprit and we’ll definitely talk more about that today. But there are some other factors as well and we think by zooming out and looking at the entire picture, that we’ll be able to better understand the many different reasons that everything seems to cost us more than it used to. And then we’ll share what steps we can begin to immediately implement in order to start defying these higher prices.

  • Summary – You’ll have to give the episode a listen if you want to hear the many reasons why we believe everything is costing us more. But when it comes to what you can do about it, remember to: try and own less stuff, tally up the actual costs you’re going to incur, gain some perspective, institute a purchase waiting period, don’t finance your consumption, boost your income, and invest more.
  • Credit Card Tool – Looking for the right credit card for you? Then check out our new credit card tool that’ll help you to easily filter through all the cards based on your preferred airline, whether or not they have an annual fee, or simply by the cash back offer! Just toggle the sliders and you’ll know which card to consider.

During this episode we enjoyed a Breakfast Stout by Founders Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

Best friends out!

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