Expand Your Empire 29: Navigating Financial Uncertainty in a High-Inflation World
Manage episode 408794293 series 3495003
This edition of 'The Tactical Empire' features Jeff Smith and Shawn Rider discussing strategies for overcoming financial difficulties amid rising inflation rates, reported at 3.2% in February 2024 from the previous year. They delve into the realities of increased living costs affecting the average American family, challenging the official inflation figures with examples like the soaring prices of everyday essentials. The conversation shifts to potential solutions, emphasizing the importance of proactivity, financial literacy, and exploring alternate income sources such as the gig economy, real estate investments, and starting one's own business. They stress the critical role of skill development, negotiating raises, and seizing control over one's financial future. The episode is a mix of personal anecdotes, economic insights, and practical advice aimed at helping listeners navigate and thrive in an era of financial uncertainty and inflation.
Chapters
- 00:00 Introduction to the Tactical Empire
- 00:32 Casual Banter and Personal Updates
- 01:41 Diving into the Inflation Discussion
- 02:41 The Real Impact of Inflation on Daily Life
- 07:32 Strategies for Financial Survival and Growth
- 08:43 The Power of Small Businesses and Entrepreneurship
- 24:00 Practical Advice for Navigating Economic Challenges
- 26:47 Empowering Moves for Financial Independence
You can connect with Shawn Rider on Facebook and Instagram.
If what you heard resonated with you, you can find Jeff on Instagram, Facebook.
If you're interested you can visit The Tactical Empire's website https://www.thetacticalempire.com/home-4169.
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