Simply Make More Money
By Jim Bauer
@porwest (92624)
United States
June 9, 2022 6:08pm CST
Of course that is a bit of a misnomer isn't it? How do you deal with inflation? Well, besides being creative about every aspect of your financial life, you simply have to make more money.
It is your best hedge.
It's working a second job maybe, or taking on more hours at your current job if you are paid an hourly wage and you can do it.
It's adding more shares of dividend paying stocks to your portfolio even if the markets are going down.
It's finding more and more ways to make more money from "side gigs" and from Internet activities. Ramping up your searches on Bing. Doing surveys. Increasing your presence on MyLot and other places on the Internet that pay.
When inflation is eating your dollars you simply have to find more ways to bring more dollars in.
As Rush Limbaugh said more than once, "When the economy is not working for you, you don't have to participate. You can always create your own economy."
Now is the time to do exactly that and stack the odds in your favor anyway you possibly can. Because there is no end, right now, to the inflation. No one is doing anything and no one sees it as a problem who has the ability to fix it.
You can either be a victim or you can do all you can to thwart it. It really is your only option.
10 people like this
11 responses
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@RebeccasFarm (90474)
• Arvada, Colorado
10 Jun 22
Not a problem I have always been a slave to money
2 people like this
@RebeccasFarm (90474)
• Arvada, Colorado
10 Jun 22
@porwest I think we are all slaves to money whether we like it or not You offer some good solutions though.
You offer some good solutions though.1 person likes this
@porwest (92624)
• United States
11 Jun 22
@RebeccasFarm To some extent that's true. lol
1 person likes this
@porwest (92624)
• United States
10 Jun 22
Frugality is always a good thing. I too have always been frugal. But there is no denying that despite any efforts you may make, your purchasing power is less, and so right now you are sort of just chasing your tail. You have to make more money to make the effort worthwhile.
1 person likes this
@porwest (92624)
• United States
11 Jun 22
@RubyHawk Not if you don't have to. It all depends on one's means, one's comfort, one's desirable situation and so on and so forth.
Take me, I don't have a need to get another job. I can make up the difference through the stock market and dividends.
Others may have to take a different approach. It just depends.
Either way, my take is this. I don't have any desire to simply follow the curve. I want to be ahead of it at all times.
1 person likes this
@thislittlepennyearns (62929)
• Defuniak Springs, Florida
10 Jun 22
I just got a big order for tshirts so I will be doing that. Should bring it about $125, and then I'll get paid for some freelancing stuff tomorrow.
3 people like this
@m_audrey6788 (58472)
• Germany
10 Jun 22
Oh yes. We just have to keep on going. Life is going ups and down everytime. 
1 person likes this
@marguicha (223795)
• Chile
10 Jun 22
The way I see it at my age is that I have to call a luxury some items that I used to call musts.
2 people like this
@marguicha (223795)
• Chile
11 Jun 22
@porwest So true. If I had to, I could even sell my house that does not have a morgage and spend it. My 2 daughters have enough money so that I will not have to provide for them after I die. But of course, I still live as I have lived all my life. I only once a year go to the beauty parlor when I look at a witch on the mirror The rest of the time it is a "do it yourself" job.
The rest of the time it is a "do it yourself" job.1 person likes this
@porwest (92624)
• United States
22 Sep
@marguicha Now see, me? I'd take that equity and just travel a lot, probably in a camper. There is no one I like enough anyway to leave them all the money I worked so hard to get and accumulate. Besides, they'll all just blow it anyway.
@LindaOHio (181717)
• United States
10 Jun 22
I earn enough money/gift cards to go out to eat and buy things from Amazon with money to spare. I'm not getting a job. I am done working out in the public sector.
1 person likes this
@LindaOHio (181717)
• United States
11 Jun 22
@porwest Yeah, man. I'm not working for someone else ANYMORE!
1 person likes this
@porwest (92624)
• United States
13 Jun 22
@LindaOHio Me either. Screw that! Oh...wait...it's Monday. Gotta get ready for work. Oh well.
1 person likes this
@joelonyema (222)
• Abuja, Nigeria
13 Jun 22
What is the easiest way to make money? if I may ask
1 person likes this
@porwest (92624)
• United States
13 Jun 22
I wish there was an easy way. It just doesn't work that way. All money, or most money, comes from at least some sort of front end effort. Passive income is certainly the easiest in my opinion. But you have to have the means, the drive, and the will to take on risk to successfully obtain it and maintain it.
