Say Goodbye to Food Waste KEEP YOUR VEGGIES AND YOUR WALLET HAPPY WITH THESE HACKS
Say goodbye to tossing out forgotten veggies and stale bread because it’s time to turn your kitchen into a waste-free wonderland! Most people don’t realize how many of their meals wind up in the trash can or how much money they lose in spoiled food. By utilizing ingenious storage hacks, being aware of what you have in the fridge, and using a little culinary creativity, you can make your food last longer and save money. ADD WATER Water can be a magic ingredient when preserving fresh fruits and vegetables. You can keep lemons for 1–3 months by placing them in a cup of water in the refrigerator. Similarly, you can keep herbs fresher for longer by keeping them in a bouquet and submerging the bottom in water. Other veggies that do well when stored in a cup of water are spring onions, celery, and asparagus. To keep your berries fresh, soak them in water and vinegar. Rinse them well and dry them before storing them back in the fridge. PLAN AND SORT Each week, inventory your fridge and cupboard, noting what items you need to use first so they don’t spoil. Base your
shopping list and meals on what you already have to save money and reduce the food you throw away. Check the expiration dates of products and put the items about to go bad up front in your fridge or on the shelf so you reach for them first.
COOK SMART One of the best ways to reduce food waste is to manage the amount you prepare while cooking. Aim only to cook and serve the right amount for the number of people you feed. If you make a larger portion, eat the leftovers or use those ingredients to make something else. Produce that’s a little wilted can still be used in a soup, or you can turn stale bread bits into croutons. So, if you want to reduce the food you throw away, make the world a little greener, and keep your wallet fuller, these simple and effective tips can go a long way! From storing herbs in water to smart meal planning, you have the tools to turn the tide on food waste. DIVERSIFY YOUR INCOME STREAMS To not lose excess money to bear markets and sequence risk you must have a diverse portfolio with multiple income streams. Some of these might include: • Social Security benefits • Pension payments • Annuity income • Rental property income • Dividends from stocks • Interest from bonds ADJUSTING YOUR SPENDING IN BEAR MARKETS Another crucial strategy in your bear market playbook is being flexible with your spending. By reducing withdrawals during bear markets, you’re giving your investments a chance to recover, potentially extending the life of your portfolio. PLAN SMART, LIVE BETTER As we wrap up our bear market survival guide, remember this: Knowledge is power, but action is key. Don’t let the fear paralyze you. Instead, use this information to fortify your retirement plan. Consider working with the financial professionals at Patriot Wealth, who can help you create a diversified income strategy and guide you through the ups and downs of the market. Remember, retirement planning isn’t a one-time event — it’s an ongoing process. Regularly review and adjust your plan as needed. By staying informed, remaining flexible, and planning smart, you can navigate through bear markets and enjoy the retirement you’ve worked so hard to achieve. After all, our mantra at Patriot Wealth is “Plan Smart, Live Better.”
WINNING STRATEGIES FOR BEAR MARKETS FLEX YOUR FINANCES
The seas of retirement planning often feature choppy waters. One of the most treacherous is the bear market — a period of prolonged price declines in the stock market. While challenging for all investors, bear markets can be devastating for those in retirement. But a bear market isn’t the end of the world; we’re here to share how to navigate a bear market and how to handle sequence risk. WHAT IS SEQUENCE RISK? Sequence risk occurs when the timing of withdrawals from a retirement account damages the investor’s overall return. This risk is amplified during bear markets, especially in the early years of retirement. Even if the market eventually recovers, this scenario can have long-lasting effects on retirement income.
P2 | PATRIOTWEALTHNC.COM
Made with FlippingBook Ebook Creator