The US dollar is constantly hurt by inflation, but luckily there are things that you can do to beat it. Investing in Bitcoin could be rewardable even though almost all bitcoins have been mined already. Gold is also making a big comeback as the central banks in the United States are adding it at a very high rate. Finally, remember that sometimes you need to spend money in order to make money. Whatever you buy now will cost more in the future due to inflation.
Key Takeaways:
- Bitcoin is a virtual currency but it is limited as there will never be more than 21 million of them.
- Gold has no chance of going to zero value and central banks are actually adding gold at a fast rate.
- Make sure to buy necessities such as light bulbs, nonperishable foods and batteries instead of putting money away in the bank.
“Spending also guarantees an increase in your quality of life.”
Read more: https://www.getricheducation.com/goodbye-to-the-us-dollar/
Kurt has gone from the financial lows of the ’08 financial crisis to personal financial success. He is a professional real estate investor, media buyer, faithful Red Sox Fan.
One of his passions is financial education and the pursuit of financial freedom.
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