My Tip: Just Save Any Amount of Money You Can

SHEENA RICARTE
3 min readAug 20, 2022

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~Saturday, August 20, 2022 Blog Post~

Many recession and inflation reports inundate my Twitter and Facebook feeds on a daily basis these days.

I understand that many consumers worldwide are struggling with the increasing costs of consumer items, including groceries, gasoline, energy, and so forth.

As a personal finance blogger, my advice to those who want to know my opinion regarding these news about recession and inflation is this:

JUST SAVE ANY AMOUNT OF MONEY YOU CAN.

I know there are people who live paycheck to paycheck. Nonetheless, if they have some money left after paying their bills, I recommend saving it in the bank.

I also recommend saving loose coins because they may be pocket change but they certainly help the savings accumulate.

I want to list down the news links and other relevant links I saved on my Facebook account and one of my personal e-mail addresses lately. They are related to inflation and recession.

I just saved them because I don’t have the time to read these inflation and recession news these days. I’ll just get back to these links when I have free time.

1. https://www.cnbc.com/2022/06/15/heres-how-recessions-became-an-inevitable-part-of-american-economy.html
2. https://twitter.com/CNBC/status/1560930390189039617/
3. https://www.cnbc.com/2021/09/20/graham-stephan-explains-why-he-decided-to-stop-being-so-frugal.html
4. https://www.bloomberg.com/news/articles/2022-08-17/britain-s-poorest-households-hit-hardest-by-surge-in-inflation/
5. https://www.ft.com/content/2fb6f361-a7bb-4b98-8100-6847b5df79b4
6. https://www.ft.com/content/28f2b344-e2a6-4e10-bf4a-c924660eded0
7. https://www.nytimes.com/2022/08/17/business/inflation-uk.html
8. https://www.poundsterlinglive.com/gbp-live-today/17400-pound-to-euro-and-dollar-uk-inflation-july
9. https://www.ft.com/content/4e7b8656-24c8-4254-be38-a3db70ea7413
10. https://www.thesun.co.uk/money/19486907/bills-kids-no-christmas-this-year/
11. https://www.cnbc.com/2022/08/12/best-buy-cuts-hundreds-of-store-jobs-as-sales-soften-according-to-report.html
12. https://www.bloomberg.com/news/newsletters/2022-08-11/has-inflation-peaked-gas-prices-fall-but-rent-and-food-costs-are-still-rising
13. https://www.foxbusiness.com/economy/inflation-costing-average-american-717-month-analysis-shows?intcmp=fb_fnc
14. https://www.thesun.co.uk/money/19505516/reuse-tea-bags-milk-extreme-cost-cutting-save-cash/
15. https://www.bloomberg.com/news/articles/2022-08-13/uk-inflation-shock-is-within-whisker-of-double-digits-eco-week
16. https://pix11.com/news/us-world-news/these-cities-are-hit-hardest-by-inflation/
17. https://www.facebook.com/CBSNewYork/videos/755439959013693/?extid=CL-UNK-UNK-UNK-AN_GK0T-GK1C&ref=sharing
18. https://www.facebook.com/reel/371655711766972?fs=e&s=cl
19. https://www.foxbusiness.com/economy/higher-income-earners-visit-food-banks-and-shop-at-walmart-as-food-inflation-rises
20. https://www.bizjournals.com/boston/news/2022/08/19/wayfair-cuts-870-jobs.html
21. https://www.newsnationnow.com/banfield/what-is-quiet-quitting-and-why-has-it-caught-on/
22. https://www.bloomberg.com/news/articles/2022-08-18/layoffs-are-planned-at-half-of-all-companies-pwc-survey-shows
23. https://metro.co.uk/2022/08/17/what-happens-if-i-cant-pay-my-energy-bills-17196405/
24. https://metro.co.uk/2022/08/17/mum-hospitalised-with-malnutrition-as-food-has-got-too-expensive-17200515/
25. https://www.bloomberg.com/news/articles/2022-08-16/germany-has-enough-gas-for-less-than-3-months-on-russia-cutoff#xj4y7vzkg
26. https://www.foxnews.com/us/surging-inflation-causes-food-insecurity-working-families-food-banks-struggle-meet-demand
27. https://www.theguardian.com/uk-news/2022/aug/14/a-sweatshop-in-the-uk-how-the-cost-of-living-crisis-triggered-walkouts-at-amazon
28. https://www.thesun.co.uk/news/19499311/evicted-bed-bound-wheelchair-barricaded-door/
29. https://www.bloomberg.com/news/articles/2022-08-13/world-s-oldest-glass-maker-riedel-braces-for-shutdowns-as-gas-crisis-deepens
30. https://www.cnbc.com/2022/08/12/investors-are-fleeing-these-bonds-that-protected-you-against-inflation.html
31. https://www.cnbc.com/2020/03/01/millennial-millionaire-shares-what-he-refuses-to-spend-money-on.html
32. https://www.express.co.uk/news/world/1653931/eu-news-euro-currency-eurozone-inflation-recession-russia-gas-europe
33. https://metro.co.uk/2022/08/20/how-much-is-your-pint-of-milk-more-expensive-than-ever-obviously-17215908/
34. https://www.foxbusiness.com/markets/housing-market-records-sharpest-decline-sales-two-decades-report
35. https://www.foxbusiness.com/economy/turkey-prices-expected-surge-thanksgiving-experts-warn
36. https://www.thestreet.com/investing/cryptocurrency/crypto-com-quietly-cut-hundreds-of-jobs
37. https://www.nbcnews.com/news/world/paycheck-died-argentina-workers-funeral-for-wages-economy-inflation-rcna44056

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SHEENA RICARTE

Freelance finance writer Sheena Ricarte's interests comprise international finance, economics, personal finance, asset protection law, & investment management.