Patriot Wealth - September 2024

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In a world where prices seem to be on an endless upward spiral, understanding inflation has become more crucial than ever. But fear not! We’re here to demystify inflation, explore its impact on our daily lives, and arm you with strategies to combat its effects. WHY DOES INFLATION HAPPEN? Imagine the economy is a giant balloon. When too much air (money) is pumped into it, the balloon expands, and each unit of air (dollar) becomes less significant. Factors like increased government spending, rising production costs, and even our own expectations can contribute to this economic phenomenon. HOW INFLATION IMPACTS OUR EVERYDAY LIVES Inflation affects every aspect of life, not just the price tag on your favorite cereal. It can be particularly challenging for retirees on fixed incomes, potentially diminishing their quality of life. STRATEGIES TO COMBAT INFLATION We can’t single-handedly stop inflation, but we can take steps to protect ourselves from its effects. Some strategies include investing wisely, continuing education to increase your wages, budgeting, and managing any debt you may have. FINDING OPPORTUNITIES IN INFLATIONARY TIMES Believe it or not, inflation isn’t all doom and gloom. For homeowners with fixed-rate mortgages, inflation can actually be beneficial as it effectively reduces the real value of their debt over time. Savvy investors can also find opportunities in sectors that perform well during inflationary periods, such as energy or commodities. Understanding inflation is like learning to ride a bike on a hilly road. It may seem daunting at first, but with practice and the right tools, you can confidently navigate the ups and downs. You can survive and thrive Your Anti-Inflation Arsenal BATTLING THE BALLOON

Having Sonny has been special for many reasons, but one of the biggest highlights is that Sonny is the first dog I have ever owned. There is a sense of responsibility, accountability, and most of all love for the dog that I had not experienced before. Growing up, I helped with my dogs, but my parents were always around to take on our dogs’ big needs. Now, with Sonny, it’s up to Bridgette and me to ensure he is trained well, safe, and most importantly has some fun along the way! Training Sonny was a big project we took on together, and I believe it’s helped him become the goofy, easy-going dog he is today. Dogs will give us all the love in the world, but they are also 99% of what we pour into them. Every dog is a product of their environment, whether they are being taught to chase down grounders to help their 9-year-old human achieve his baseball dreams or snuggling with Dad on a Sunday watching Scottie Scheffler capture another Master’s Green Jacket! With all the love and loyalty dogs give us, we owe it to them to provide a loving and safe environment — oh, and a couple of toys as well :)

– Austin Kobilka

Perfect Peach Cobbler

• 6 cups sliced fresh peaches • 1/2 cup granulated sugar • 2 tbsp all-purpose flour • 1/4 tsp ground cinnamon • 1/4 tsp ground nutmeg • 2 cups all-purpose flour • 1/3 cup packed brown sugar • 2 tsp baking powder • 1/2 tsp salt • 1/2 cup cold butter, cut into pieces • 1/2 cup milk • 2 tbsp butter, melted INGREDIENTS

DIRECTIONS

1. Preheat oven to 375 F and grease an 8-inch square baking dish. 2. In a large bowl, combine peaches, sugar, 2 tbsp flour, cinnamon, and nutmeg; mix until blended, then spoon into prepared dish. 3. In a medium bowl, combine 2 cups flour, brown sugar, baking powder, and salt. 4. Cut in butter with forks or

in an inflationary environment by staying informed, making smart financial decisions, and remaining adaptable. Remember, knowledge is power, and in the face of rising prices, it’s your best defense. So, the next time you hear about inflation in the news, you’ll be ready to face it head-on, armed with understanding and a solid game plan.

pastry knife until mixture resembles coarse crumbs.

5. Add milk and stir until just blended. 6. Drop dough by spoonfuls onto peach mixture and drizzle melted butter on top. 7. Bake for 40–45 minutes or until top is golden brown.

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