Draw on cash
For those of you who actually have access to cash, it might be the right time to spend those funds rather than selling off the most valuable stocks or making additional withdrawals from your retirement funds. If you have enough cash reserves, you might avoid the urge to tap managed portfolios until all this inflationary pressure eases a little bit.
When you use cash to cover expenses, you need to pay attention to every single expense, and stretching your dollars in such times might help you go through all this uncertainty. Even if the vast majority of analysts might tell you that it will soon be over, you never really know.
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