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Manage your mindset: While there might not be a magic investment that will generate amazing returns to get you through this time, there are some ways to take control of any inflation anxiety you might be experiencing. These include:

📌 Look at the big picture: Amidst any economic issue, you can take two viewpoints; An up-close perspective on inflation, interest rates, debt, etc. Or, a broad perspective, focused on viewing long-term trends and historical patterns. During periods of high stress, tunnel vision can get the best of you, so taking a step back for a broader view often provides a more realistic outlook of what’s really happening. After all, “History doesn’t repeat itself; it rhymes.”

📌 Focus on knowledge and mindfulness: Educate yourself on the basics of finance and how the economy works, and you’ll find the challenges we’re facing right now aren’t new. With a basic understanding under your belt, as well as ways to ease paranoid thoughts, such as meditation, exercising, journaling, etc., you’ll feel more at peace with today’s pressures.

📌 Remind yourself it’s not the end of the world: Life is more complex right now, but it’s important to remember that others have fared much worse. Don’t let negativity overrule your emotions, and instead, focus on moving forward.

Take a broad view: Your life is not a culmination of headlines. Get out of the news and your own head. You may just find the big picture is pretty darn good!