Aug 9, 2022
With more and more people worrying about inflation and its effects, when is inflation good for you? Are there benefits from inflation that you can benefit from?
For today’s episode, Spencer and Kim talked about the good side of inflation: When and how people can benefit from it. They discussed how fixed policies like whole life can benefit from inflation. Spencer and Kim also describe the importance of getting your loan interests fixed and locked in, even if you’re paying a slightly higher rate.
Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today!
Do you have a question you would like answered on the show? Please send it to us at hello@prosperitythinkers.com and we may answer it in an upcoming episode.
Links and Resources from this Episode
- For resources and additional information of this episode go to
https://prosperitythinkers.com/podcasts/
Show Notes - What the three benefits of inflation are
- What financial calculators you can use to figure out what interest rate to use
- How fixed policies like whole life can benefit from inflation
- How long business loans are locked in
- How you can teach inflation and the value of money to kids
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