Jun 14, 2021
In episode 363 of Financially Simple, Justin provides an overview of Inflation.
Inflation is an economic factor that influences so much of the goings on in our business matters, yet few of us really know what it is and how it affects us and our work. In this episode, Justin gives the run down on Inflation - what it is, how it works, why it matters, and how business owners can respond to changes in the rate of Inflation.
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00:45 - Is Inflation Approaching?
01:46 - What is Inflation
03:43 - Why Measure Inflation
05:19 - Why Does it Matter
06:41 - Indicators of Inflation
11:58 - Responses to Inflation
14:54 - What About Our Businesses
17:19 - Example
20:04 - Wrap Up
Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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