Our Plan For Financial Uncertainty & Increased Cost Of Living

Our Plan For Financial Uncertainty & Increased Cost Of Living

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Publish Date:
3 February, 2025
Category:
Financial Planning
Video License
Standard License
Imported From:
Youtube

Y'all this potential increase to the already cost of living is causing a lot of uncertainty in the markets and in our own plans.

Resources in video:
✅ Monthly budget template: https://shop.penniesnotperfection.com/products/monthly-budget-spreadsheet
✅ Sinking Funds template: https://shop.penniesnotperfection.com/products/sinking-funds-tracker-spreadsheet-google-sheets

This is our personal plan for the current financial uncertainty and potential increased cost of living. None of us know how this will all play out but having a plan for your own personal situation is the best we can do.

For us we plan to focus on:
1. stacking cash for whatever is next and increasing emergency funds
2. practicing frugal living in more areas of our life
3. minimalist living with more intentional spending and buying less stuff
4. budgeting and tracking our spending every month
5. continuing to invest in index funds monthly and dollar cost averaging our investments (sometimes buying at a higher price, sometimes at a lower price)

That's our current financial plan for whatever happens. What are you planning?


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CONTACT ME:

🔹 Website: http://penniesnotperfection.com
🔹 Shop: https://shop.penniesnotperfection.com/
🔹 Instagram: https://www.instagram.com/penniesnotperfection
🔹 Buy Me A Coffee: https://www.buymeacoffee.com/youtubepennies

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**The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. I am not a professional and this channel is for entertainment purposes only. Do your own research!!

*Affiliate links. I get commissions for purchases you make through links shown here. It doesn't affect your purchase in any way and the commissions help support this channel. I only recommend items I personally use and appreciate the opportunity to share.


Did you miss our previous article...
https://wealthvideos.club/Financial-Planning/2025-is-the-best-year-to-retire-heres-why-to-retire-now