Tagged With "inflation"
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Re: Let's Get Savvy - Inflation: When Prices Rise
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Helping Military Families Inflation-Proof Their Budget
For over two years, U.S. inflation rates have exceeded their long-term average of about 3%. Like all Americans, military families have experienced a loss of purchasing power as their income cannot buy as much as it did previously. Individuals cannot stop inflation but they can mitigate its impact. Below are six inflation-fighting strategies for Extension professionals to discuss with Service members: Needs Versus Wants Analysis - During inflationary times, it is more important than ever to...
Blog Post
Ten Tips for Military Families to Survive a “Financial Tornado”
U.S. consumers haven’t just experienced a “perfect storm” of financial challenges…they have experienced a “perfect tornado!” Challenging financial events include sustained high inflation (and increased costs for food, utilities, rent, gas, insurance, housing, etc.), recession fears, increased interest rates, bank failures and government bank take-overs, volatile stock prices, lower savings rates, and increasing household debt. Extension professionals routinely answer questions from clients...
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Trending Topics in Financial Education
Stay current with trending financial topics in order to effectively serve clients. Here is a brief description of five trending financial topics related to current events, economics, legislation, and consumer behavior. Implications for military families are described.
Blog Post
Understanding Financial Stress and Mental Health for Service Members
Inflation continues to be a global economic challenge, impacting everything from food costs to housing affordability. Explore the difference between objective and subjective financial stress, identify questions to ask your clients, and connect with additional learning opportunities, including an on-demand webinar to learn more.