Daily Data 📈
If you know us, you know we like doing our homework. So, we're confident in investment markets we choose, regardless of the rough times, because we know they'll pay off in the long run. So today, we're highlighting our newest series from The Grind Podcast, in which Chris Clothier digs into each of REI Nation's chosen markets and why we've put our money where our mouth is. Start watching by clicking the image below.
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6 Ways to Mitigate the Impact of Inflation on Your Finances
Over the course of the year, inflation has become the hot topic in the world of economics. We’ve seen this strange combination of economic turmoil and unemployment paired with inflation that impacts everything from gas and grocery prices to used cars and housing.
You may make a great wage, but when the necessities cost more, that money doesn’t stretch as far as it used to. This can create an undue financial burden on U.S. households, particularly when wages do not grow to compensate for inflation.
Staying on Top of Your Company's Reorganization
The reorganization of your company doesn’t come lightly. This is something that is only done when something isn’t working, and you’re being held back from your growth potential. Business growth naturally brings about growing pains.
Today’s business atmosphere moves fast. If you’re going to survive, you’ve got to be willing to troubleshoot your company – seizing every opportunity to improve, innovate, and optimize.
When you’re driving progress, you’ve got to employ savvy cost-reduction strategies. And that may mean turning your company upside down.
The Word
Check out our recommended reading for the week:
- Fiverr Launches Recession Resource Hub for Businesses and Entrepreneurs: "The Lift" (Yahoo! Finance)
- How to Create a Work Culture that Can Survive Anything (Entrepreneur)
- Entrepreneurs Give Students Advice During Severna Park Fair (Severna Park Voice)
- Go Fast to Go Slow (The Grind)
- Tsedal Neeley on Why We Need to Think of the Office as a Tool, with Very Specific Uses (Harvard Business Review)