Encore-What You Need to Know About Inflation

Encore – What You Need to Know About Inflation

Inflation continues to be a hot topic. Talk about the price of goods increasing is all over the news. A while back, I had Robert Frick on the show to talk about what we should all know about inflation and how it is impacting us all. Robert Frick is Navy Federal’s corporate economist, the world’s largest credit union serving the military and their families. He provides expertise in economics as it relates to home, auto and consumer lending, credit cards and financial planning. Bob is an expert in personal finance, having worked as an editor at Kiplinger’s Personal Finance magazine for 15 years, and also is an expert in behavioral economics, or the study of people’s behaviors surrounding money. As we prepare to roll into the New Year, I thought we’d go over inflation one more time to help us financially prepare for next year.

THANK YOU!

The Military Money Show is supported by Navy Federal Credit Union. The holidays are coming and I can’t wait. I’ve been working hard to do all of my shopping early this year to spend more time with my family. If you’re getting ready to, Navy Federal Credit Union’s cashRewards Card can help you sleigh the season. You can earn up to 1.75% cashback on all purchases when you sign up for direct deposit. And you can redeem points as you earn them. To learn more visit NavyFederal.org.

Inflation Encore Episode Details

  • Inflation 101
  • What is bottleneck inflation and some examples
  • The story behind what’s going on with car industry
  • Current employment situation and impact
  • Role COVID impacts play in the current situation
  • Examples of items that prices went up
  • The other forces at play beside inflation
  • Possible impacts on future spending, like the holiday season
  • Smart money behaviors
  • Looking at opportunities to improve your career
  • Lacey’s safety tips for ride shares
Related: Buy Now, Pay Later: Is it Good or Bad?

Inflation Encore Resources

More Podcast: Mapping Out a Plan For Your Pension and Benefits

MilMoneyCon

If you’re interested in joining the community of military and financial professionals for the first-ever MilMoneyCon. You can sign up here: Get MilMoneyCon Updates

Got Money Questions?

Get them answered on the show. Submit your questions here.

Thank You for Podcast Reviews!

I appreciate your review of The Military Money Show on iTunes, Google Podcast, iHeart Radio, and Stitcher. It helps me make the podcast better and better. Plus, it helps other people find me.

Connect

Disclosure These notes may contain links to our affiliate products or services, which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion. If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here.