How to Budget and Prep your Finances for Rising Prices Inflation

  Thefancyfrancy.com  

Plan Ahead

Plan for increased prices by cutting unnecessary costs now. Try looking for monthly expenses that you can lower like your phone bill for example or cutout completely like cable.

Diversify your Portfolio

Now more than ever having a diverse portfolio of assets is essential to long term financial health. Learn more about your investing options from financial literacy books and free online resources.

Look for Substitutions

Avoid overpaying for all your staples simply because of brand. Instead, look for lower cost substitutions for your favorites so you're less likely to blow your budget or feel like you are depriving yourself.

Meal Prep

Planning your meals ahead of time is one of the best ways to save money on food as well as get your eating back on track.

Write it Down!

Keep track of your expenses by creating a budget and writing down your spending.  Having awareness of how you spend your money can decrease mindless spending.

Use Apps to Save

There are apps that help you save in so many ways! From finding the cheapest gas stations near you to giving you rewards/earns points or cash back for uploading receipt purchases.

Be PAtient

Better financial habits can take time to develop and sustain. Having patience with yourself can help you stay on track for the long term.

TheFancyFrancy is a travel and wellness lifestyle blog. Follow along for tips on  fitness, travel, wellness, and more!