How to Fight Inflation Through Year’s End

How to Fight Inflation Through Year’s End
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George Kamel
Updated:
Inflation. It’s a constant news headline, the joke of every meme, and the word we curse under our breath every time we have to put the fancy bacon back on the shelf and grab the generic turkey bacon instead. Whether we want to admit it or not, inflation is here, and it’s sticking around, folks. But first, what even is it?
All you need to remember here is the basic law of supply and demand. Oversupply means prices go down. And undersupply means prices go up, aka inflation. But what I want to remind you is that even if you can’t control how much inflation rises from month to month, there’s still plenty of ways you can beat inflation without resorting to turkey bacon.

Get Your Priorities Straight

Now, the first thing to do is make sure the most important things in your budget are covered. No, I’m not talking about your Amazon Prime membership. I’m talking about what I call your Four Walls: food, utilities, shelter, and transportation. So, here’s my plan for how to beat inflation and keep your Four Walls strong!

How to Save on Food

Shop at the cheapest grocery stores. If you really want to cut back on your bill, rethink where you shop. In the United States, some of the cheapest grocery stores are Aldi, WinCo Foods, Food 4 Less, Costco, Walmart, and Trader Joe’s.
George Kamel
George Kamel
Author
George Kamel is a personal finance expert with a counter-cultural approach to money. He is the host of The Fine Print and EntreLeadership podcasts on the Ramsey Network. Since 2013, Kamel has served at Ramsey Solutions, where his goal is to help people spend less, save more, and avoid consumer traps, so that they can make the most of their money. 
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