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Here are seven smart strategies to bring in more money asinflation chips away at your budget.
If youre an expert, someone probably wants to learn your skills.
Focus On Services
Services tend to be inflation-proof, Musson pointed out.
That creates a strong opportunity for those who can offer time-saving help.
In the right circumstances, passive income from rental opportunities can make a noticeable difference in your monthly budget.
Even modest changes can make a long-term impact when it comes to keeping more of what you earn.
But dont walk into that conversation unprepared.
Be ready to present a case for why you deserve a raise based on your performance, Musson suggested.
Even if youre not ready to ask yet, its smart to build your case.
Risky investments could put you in a far worse financial situation than you currently are in, she said.
Inflation may be out of your control, but how you respond to it isnt.
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