It's my pleasure to welcome you to the Clark Howard Show, where our mission is to serve

you and empower you to make better financial decisions in your life.

Last week I talked about employment during tough economic times or recession.

You know, another thing many are grappling with right now is how do you ask for a raise

with all this uncertainty, especially with the inflation we've had.

I'm going to talk about that straight ahead and later something I hate is making a big

time come back credit card debt.

So people are getting really nice raises now compared to historical, but inflation of

late has gone way past the raises people are getting.

Now on the good news front, inflation is not going to stay at these crazy elevated rates.

There are so many weird factors that combined into this ugly stew that led to higher prices

in so many areas and these are they did not turn out to be extremely temporary.

Like I thought they'd be they've been stubborn and stuck around, but inflation will get under

control.

But in the meantime, you've fallen behind year by year by year whatever raise you've

gotten has not led you to being ahead.

That's led you to being behind because the cost of living has gone up faster than the larger

raises people have been receiving lately.

So what do you do?

Okay.

So here's the dilemma.

Employers are getting worried about what's going to happen with their profits, what's

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