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Inflation is at a 40-year high. 10 tips from the pros on how to invest and save during times of high inflation

Since inflation is at record highs, people’s best bets to make the most of the situation is to put as much as they can into their workplace retirement accounts and to open a tax-efficient brokerage account if they can with additional savings, our Stephen Carrigg, CFP, Private Wealth Advisor, noted.

This is also the time to make sure if you didn’t previously have three to six months’ worth of savings set aside for emergencies that you create that cash fund.

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