Flow, grow, slow: The strategy trio to financial freedom in an age of inflation

Sarah had done everything right, but she was still broke. She worked hard at her job, but her salary was just enough to cover her expenses, and she never seemed to have any extra money left over at the end of the month. She tried cutting back on expenses, but it felt like no matter what she did, she couldn't save enough to make a real impact on her finances. Sarah also tried to invest her money, but she didn't know where to start. She had heard of stocks and mutual funds, but she didn't understand how they worked, and she was afraid of losing her money.

Why was she struggling? The simple answer: runaway inflation.

Inflation can have a significant impact on an individual's personal finances. As prices for goods and services rise, the purchasing power of one's money decreases. This can make it harder to save for the future and maintain one's standard of living. However, there are three key strategies that can be used to mitigate the impact of inflation on personal finances.

I call this flow, grow, slow. Flow refers investing smartly to increase your flow of income; grow refers to growing your current sources of income; and slow refers to slowing the rate of expenditure on your accounts. By following these three easy strategies in the master plan detailed below…