Comments on: Rules To Follow In Times Of Inflation.

By: Weekly Round - Early Economic Stimulus Rebate Edition

Weekly Round - Early Economic Stimulus Rebate Edition — Sun, 27 Apr 2008 16:43:41 +0000

[...] My Two Dollars shares some rules to follow in times of inflation. [...]

By: Sunday Morning Link Love - The Hunt Begins Edition | I've Paid For This Twice Already...

Sun, 27 Apr 2008 15:21:24 +0000

[...] Two Dollars: Rules To Follow In Times Of Inflation. This kind of freaks me out. I’m supposed to keep debt and not save? Well, of course not [...]

By: Dorian Wales

Dorian Wales — Sat, 26 Apr 2008 17:37:27 +0000

It seems US citizens are less aware of the impacts of inflation. I’ve personally written a post on “How to protect your money from inflation”. The thumb rule is really to make a shift from paper money to assets. I’d recommended considering foreign currency investments and stock investments which should adjust to inflation (look for high asset value and be aware of large cash deposits).

By: Llama Money

Llama Money — Sat, 26 Apr 2008 00:34:40 +0000

#1 kills me. You gotta save money for emergencies, but it costs you to save. Yikes. It’s a constant balance trying to figure out how much to save vs how much to invest. Too much risk is bad, but not enough costs you cash. Inflation is horrible.

By: Eric

Eric — Sat, 26 Apr 2008 00:09:56 +0000

Rule #1 is Real Estate, baby! I know we are in a slump now, but any decent inflation will eventually creep into the housing market. Think about all the lumber – which will require people with increased wages using gas powered chain saws and four-wheel drives (all increasing in price). The cool thing is – you can live in your investment!

By: Rachel @ Master Your Card

Rachel @ Master Your Card — Thu, 24 Apr 2008 19:20:35 +0000

I think that the best thing to do is to stay calm. Do not worry and panic about the situation but just be sensible and try to think of ways that you can save a little money or ways that you can earn a little more.