Inflation Is at 3.8%. Are Are Three Ways to Make Your Money Fight Back.
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What is the current inflation rate and why is it significant?
The price of gas right now will bring a tear to your eye, especially in Los Angeles, where I live. When you see pictures of crazy high prices in California, it feels like those photos are always taken right around my house. So here's one tip I love to use to save a little money every time I fill up. Use a card that offers you cash back on gas.
What are I Bonds and how can they help combat inflation?
Like the Chime card.
How do TIPS work as an inflation hedge?
They offer 5% back on gas, which is like taking 5% off the price at the pump. And the benefits offered by Chime stack. Like take that 5% cash back and stick it in a savings account.
What role does gold play in protecting against inflation?
With Chime, you can get a 3.75% APY on your savings. That's nine times higher than the national average.
Why didn't gold prices spike during previous inflation surges?
Suddenly you're making money off your bank instead of them gouging you with fees and charges.
What is the Gift Box strategy for purchasing I Bonds?
Chime is not just smarter banking, it is the most rewarding way to bank.
How can couples maximize their I Bond investments?
Join the millions who are already banking fee-free today. Head to Chime.com slash MNN.
What are the long-term implications of not losing ground in investments?
That is Chime.com slash MNN.
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I'm traveling to Orlando soon for a conference and I'm really looking forward to it. We travel to Florida pretty often to visit my in-laws. And those trips are always such a nice reset for us. I'm definitely a sunshine girl, so any chance to spend time by the water, whether it's at the beach or just sitting by the pool, makes me so happy. Lately, I've been thinking about what it would be like to have a place closer to family, so we'd always have our own space when we visit. And when we're back home, we could list the place in Florida on Airbnb instead of letting it sit empty. What makes that idea feel much more manageable now is the co-host network. You can connect with a local co-host who has hosting experience and can help take care of the important details.
A co-host can help create the listing, manage reservations, message guests, and help make sure everything runs smoothly for guests during their stay. Honestly, it just feels like a practical way to make better use of a place we'd already love spending time in, while also bringing in a little extra cash from time to time. If you're interested in hosting and want a little help getting started, find a co-host at Airbnb.com slash host. I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.
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Chapters
8 chapters
1
What is the current inflation rate and why is it significant?
0:00–0:18
2
What are I Bonds and how can they help combat inflation?
0:18–0:20
3
How do TIPS work as an inflation hedge?
0:20–0:32
4
What role does gold play in protecting against inflation?
0:32–0:40
5
Why didn't gold prices spike during previous inflation surges?
0:40–0:45
6
What is the Gift Box strategy for purchasing I Bonds?
0:45–0:50
7
How can couples maximize their I Bond investments?
0:50–0:57
8
What are the long-term implications of not losing ground in investments?
0:57–16:34
Speakers
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