Ecclesiastes 3:8 – “A time to love, and a time to hate; a time of war, and a time of peace”

 

World War III: Battle Over Your Finances

There’s no doubt that we are at war, a financial one at that. World War III is taking place through inflation, supply chain woes, food shortages and so on!

A financial strategy often boils down to what steps a person can take to achieve a specific goal.

Creating a financial plan and building financial independence requires making choices.

There’s good news about the battle between whether you should save more or pay down debt faster.

 

 

 

Paying down debt also has very significant impact on the ability to save, invest, spend and plan.

Having a $500 minimum car loan payment every month can sap resources and limits options when you face financial concerns. This encourages cutting the debt faster.

For example, if you have credit card debt with a 19% annual percentage rate increasing the amount you owe every day, then getting rid of it makes the best financial move.

 

 

If this battle becomes too difficult, then it’s time to either address what you view as fun or cut back on savings.

After all, you don’t want to save for the future by living in misery.

Turn to things that truly provide you joy, happiness. There are always free activities you can find locally.

Does the food delivery five days a week really provide value? What about the many subscriptions? Or the luxury vehicle?

 

 

Take back your financial power

You can take back your power financially! Is having enough time to do the things that you want to do or having enough money a concern?

You want to make sure you achieve certain goals in life. Your finances should be one of them.

Attacking your biggest concern is the best way to plan. Say you’re worried about mortgage payments? Come up with a plan to pay if off!

 

 

Learn to grow your own groceries. What a way to fight inflation!!!

Eat out less, cook your own food at home, learn to sow your clothes and make them last longer!

If you must go into a grocery store, make sure you buy items on sale. This guarantees you are spending less.

All of these suggestions and more makes it a battle worth waging.

 

 

Proper planning, patience, and execution with precious metals (silver and gold) adds a decisive safety factor with less correlation to other asset holdings.

Silver and gold protect (hedge) your assets because they effectively limit erosion of their value by inflation.

Unlike any other asset class, precious metals can be turned into cash at a moment’s notice.

 

 

Conclusion

You cannot deny the fact that your finances are under attack daily. High gas prices, high prices on food, rental rates insanely high, real estate failing to correct itself and so on!

If you are not preparing your household for an economic correction then all maybe at loss.

Given these implications, would you rather enter the battlefield with physical gold and silver?

Playing it safe by holding stocks or bonds, and hope for the best?

Because the way things are shaping up, it’s more than likely that soon you may seriously regret doing so.

Nowadays, whether we like it or not, we’re ALL on an investment battlefield.

 

 

 

DISCLAIMER: I am not a financial adviser. This site is for educational purposes only. It is imperative that you do your own research. I am sharing my opinion from personal research and experience with no guarantee of gains or losses on investments, finance etc.

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