#513 The Smartest Route To Beating Inflation

Main Street Business

Mark J Kohler and Mat Sorensen

Management, Tax Tips, Entrepreneurship, Accounting, Business, Business Structure, Estate Planning, Tax Reform, Legal Compliance, Tax Prep, Tax Strategies, Financial Reporting, Irs Updates

4.8 • 584 Ratings

🗓️ 16 July 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join Mark J. Kohler and Mat Sorensen in their newest Main Street Business Podcast episode as they tackle the pressing issue of inflation and how it’s reshaping daily life for Americans. From taking on side gigs to mastering budgeting hacks and debt management strategies, they’ve got you covered during these difficult times. Here are some highlights: Mark and Mat discuss and break down the impact of inflation on average Americans.Mark and Mat map out strategies to combat rising costs.Emphasize...

Transcript

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0:00.0	I don't know what to do, so I do nothing.
0:01.7	Or it's got to be perfect.
0:03.1	And there are so many times I had no clue how to do it.
0:05.8	I'm going to figure this out.
0:06.7	Sorry, if you're waiting for the government to solve this problem for you, you're just waiting for the wrong thing. You either cut your costs or make more money. I lost my job. They shut the door. I'm not an essential service. I gotta go make money.
0:18.3	How am I going to do this?
0:19.1	If you're willing to work, there's ways to make money.
0:21.0	That's the secret.
0:22.5	Math.
0:23.0	50% of Americans go to go make money. How am I going to do this? If you're willing to work, there's ways to make money. That's the secret. Math. 50% of Americans go to a day job they hate.
0:25.6	I want to be producing and contributing more rather than taking and consuming more. And this is not
0:30.8	get rich quick, it's get rich slow. You're good at it, like it, and it makes money. You need to hit
0:35.9	those three things. All right, welcome everybody to
0:41.3	another episode of the Main Street Business Podcast. My name is Mark Kohler. I'm here with
0:45.5	the illustrious Matt Sorenson and we're talking about a serious topic today. This is going to be
0:49.2	tough. We've got some good info and some insights, I think, but it's not an easy topic. Yeah,
0:53.8	it's not an easy topic. Of, it's not an easy topic.
0:54.8	Of course, everybody follows the news and here's about inflation and the Fed and all of that.
0:59.5	But the reality is people are feeling it in their pocketbook.
1:03.4	Every American has had to deal with this in one way or another.
1:05.7	And so we want to talk about strategies and how to combat the rising costs that you're facing.
1:10.4	There's this YouTube video
	...

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