6 Things You NEED to Know to Fight Inflation

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These are a few things I'm doing to counteract inflation in 2023. If you do this right, you can save thousands of dollars depending on how much you make/spend.
everything mentioned in this video:
CREDIT CARD
-3% Cashback Credit Card: www.sofi.com/invite/money?gcp...
BANKING
SoFi 4.0% APY Savings Account: www.sofi.com/invite/money?gcp...
Capitol One 3.4%: capital.one/40aLTdA
INVESTING APPS
-Sofi Investing: www.sofi.com/invite/money?gcp...
-Public: public.com/user-referral?refe...
-Robinhood: join.robinhood.com/shelbyc145/
Rakuten: www.rakuten.com/r/CHURCH2188?...
Series I Bonds: treasurydirect.gov/
This video is not sponsored, these are all companies that I use myself. I've used the referral links they each provide so that we can both get a bonus!
disclaimer: this is not financial advice. consult a financial advisor for your situation.
0:00 Inflation is out of control
0:48 #1 trader joes
2:10 #2 - 3% cashback credit card on EVERYTHING
3:59 #3 - high interest savings account
5:15 how they can pay higher savings account rates
8:09 #4 - Investing in 2023
11:01 #5 Extra cashback with Rakuten
12:34 Series I Bonds
Vlog Channel: / othershelby
Instagram: / shelbychurch
Twitter: @shelbychurch
Snapchat: shelbychurch
Follow me on LinkedIn: / shelby-church-58b5aa56
For business inquiries please contact shelby.church@a3artistsagency.com and churchshelby@gmail.com

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Опубликовано:

6 июн 2024

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Комментарии : 550

@jcm3587 Год назад

Great video Shelby! And thank you for pointing out the absurdity of that article suggesting skipping breakfast to "fight inflation". Skipping meals definitely does not need to be normalized.

@ShelbyChurch Год назад

right!!! I really did not like that

@StevieWrites Год назад

What should be normalized is mocking very publicly these people that suggest things as heinous as this!

@padelackles Год назад

Fasting should absolutely be normalized, American eats way too much during the day.

@jcm3587 Год назад

@@ShelbyChurch Agreed! 💯

@iamneverwrong6635 Год назад

Intermittent fasting is actually pretty healthy and beneficial not just for blood sugar and your GI tract, but so much more. That being said, many people need to eat at minimum 3 small meals a day for health reasons, blood sugars, etc. so there goes that advice - you can’t give advice like that to the masses without getting into trouble

@yongkim3333 Год назад

I fight inflation by skipping breakfast, lunch, and oh what the heck, dinner too. I've been saving a lot of money and losing weight too! The negative side effect is that, well, I've barely had enough energy to type this comment, oh well...

@melisax42 Год назад

I can’t stop laughing 🤣🤣🤣😂

@melisax42 Год назад

It’s the “oh well” for me 😭😂

@StevieWrites Год назад

One thing I've done is to just cut out unnecessary spending. It sucks sometimes, but if you're looking at something it's helpful to think "do I really need this? If I get it, how long will it last?" Obviously I do still splurge sometimes, but it is FAR less frequent and it's smaller things like a snack item, or a book from Costco. Also I only go to really 3 stores on a regular basis; Costco, Target and Safeway (to a lesser extent).

@ShelbyChurch Год назад

I’ve been cutting out unnecessary spending also! I think it’s wise to do that right now

@softwaremediaguru Год назад

@@ShelbyChurch I was hoping all you find a better place where everything is cheap, I'm glad you found trader joe. America's inflation is reportly to be the most unreasonable on all the countries right now.

@emmanuelgoodluck9013 Год назад

@@ShelbyChurch investing in stocks rn will be lovely as a professional trader things looks very bullish

@jeffreyclarke9339 Год назад

Thanks Shelby! I've actually been practicing some of these and they are amazing tips, so this is confirmation for me. Also, your humility and practicality is refreshing, really appreciate you sharing so candidly.

@AddilynTuffin 11 месяцев назад

I want to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, i'm open to ideas...

@kaylawood9053 11 месяцев назад

Well the bigger the risk, the bigger the reward and such impeccable trades are better executed by professionals.

@judynewsom1902 11 месяцев назад

That’s right, I started investing sometime in 2018 and by late 2019, I pulled a profit of over $750K, I was basically just following the guidelines set by the financial advisor I use, so you don't necessarily need to be a perfect investor or do the hardworks, just have a professional to guide you.

@ericmendels 11 месяцев назад

That's impressive! I could really use the expertise of this advsors.

@judynewsom1902 11 месяцев назад

I'm being guided by *Sharon Louise Count* . She is a well known advisor. You can simply search her name on the web So that you can easily get in touch with her. she has years of experience in the financial market

@albacus2400BC 11 месяцев назад

Thanks, I just googled her full name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

@camrynh Год назад

Thank you for this video Shelby!!!! I never realized until now how nonexistent my APY was for my savings account. I just had it cause it was convenient with my checking account. Im switching now to one that will actually give me money in my account :)

@aricufl2214 Год назад

Shelby COSTCO! A rotisserie chicken, organic Turkey, dates, nuts, chia, quinoa, oat milk, snack bars, frozen fruits, tofu, hummus, bread, the meats/ salmon, and a good set of Tupperware/silicon bags to store everything in the freezer in smaller portions in there really cut costs and gets you a long way. It came to a point when I saw my spending on groceries and thought it was ridiculous to spend that much on them, so I tried for 1 month and it’s worth it.

@ShelbyChurch Год назад

Yes Costco is amazing!! I’m always cooking for one though, so I think I would have way too much food waste… it’s so great for families though. I love Costco.

@aricufl2214 Год назад

@@ShelbyChurch when I did this I thought the same because it’s just me, but with some parchment paper, silicone bags and Tupperware you place everything in the freezer and you’re good to go.

@jenlisa529 Год назад

The only disadvantage is that you need to buy in bulks.

@myaithai8247 Год назад

I bought the Food saver thing where you can create your own vaccuum food bag to put in the freezer and am able to store the rotisserie chicken in like 6 small portions to eat over a few months!

@heidikamrath1951 Год назад

I’m one person and I love Costco mostly because I cook for my dogs. Their organic ground turkey can’t be beat. Unfortunately it just went up from $17.99 for 3lbs to $19.99. But that’s inflation. I bought a BMW through Costco in 2004 and my house through them the next year. Always bought gasoline there. Tires as well. Now drive electric. I should have done my solar through them because that didn’t go well with a local company. Costco stands behind their stuff and the vendors who they link us to.

@mrbuchanan92373 Год назад

Thank you Shelby. Good stuff. 👍 Always enjoyable to hear from You.

@MrRKWRIGHT Год назад

Good Sunday afternoon Shelby. Excellent video. I definitely appreciate your recommendations for how to fight inflation during this inflationary times. 😊😊

@varungupta2045 Год назад

Quick note: If you're planning on maintaining a deposit over the fdic limit.. do the due diligence and read up on what the bank is doing with your money. In some cases the bank can give you crazy good interest rates because they in turn are lending that money out to risky borrowers at higher rates.

@chelseamorgan4167 Год назад

The video we all needed! Thank you, Shelby!

@haileynelson3058 Год назад

I will always love your videos. You are doing something no one else is. You are entertaining and informative!!

@sarahmanning525 Год назад

Shelby, I think you have great teaching ability , yes taking after your dad. Keep up the good work you've got the knack and thank you for choosing the subjects you do because they reflect the times we are in now.

@alexgraves3541 Год назад

This is all of the stuff I’ve been reaching separately. This video is great! Thanks!

@SoullessPhotography Год назад

Just a heads up, SoFi does not offer the 4% APY if you do not set up direct deposits from an actual employer. So if you are doing your own thing like I'm trying to do, you can't get access to the 4% APY on their savings accounts. They don't accept things like Venmo, Paypal etc. I didn't realize that until after I set up my account with them so hoping to save someone some time if they're also self employed. Great video Shelby, thanks!

@csk1452 Год назад

Thanks for saying this. Does anyone know the best high yield savings account without direct deposit??

@ShelbyChurch Год назад

Ohh this is a good note. I have my direct deposit on so I totally forgot it was only when you do that

@AliciaSky Год назад

@@csk1452 I use Marcus and I believe it’s 3.75%

@onlysilv Год назад

Ally is absolutely 🔥 no minimum balances!

@csk1452 Год назад

@@AliciaSky thank you! :)

@robyc9545 Год назад

Miss this kind of informative video from your channel. Kudos for putting out cautions about credit card

@Rahaashrafi93 Год назад

OMG. I just closed my savings account in BOA! I did not know there were better-paying banks!! Thank you!!

@heidikamrath1951 Год назад

I need to do this STAT. They really are screwing us over, aren’t they?

@SeekingSnow Год назад

Great video Shelby! You put in a lot of great work here and this is seriously useful🙏

@MrTKE171 Год назад

Great video, Shelby! I recently opened a Sofi banking account and was also pleasantly surprised to see the increase go to 4.00% I definitely wish I would have started a HYSA sooner :)

@ItsKimJava Год назад

Love this video...and really all of them! Keep crushing it.

@ShelbyChurch Год назад

Thanks Kim!!

@LeendaRella Год назад

Thank you for this, Shelby! ❤❤❤

@louisa_clair Год назад

This feels very on-topic and helpful right now!

@muccitas Год назад

Such a good video Shelby! You’re doing amazing :)

@jeffbraun9514 Год назад

Amazing quality on this video, Shelby, A+! You are doing such a great job and your delivery is so down to earth. Keep them coming!

@d14551 Год назад

This is such useful financial education, thanks!

@joshb7014 Год назад

Great video Shelby, your like the little sister I never got... your so Rad. Great advice, great to see the content. It’s nice to see the hustle you have, the work you put into your videos shows, great quality all the way through.

@Courtney-Alice-Gargani Год назад

Love this. Some people use coupons. Walmart has decent prices. There is a small mom and pop store close to my house where meat & chicken are very affordable. This video helps people save money. It's good putting your money in a saving with a higher APY. It's smart to put your money in separate accounts not put all your money in the same bank.

@SarahSchneider2 Год назад

I’m a Kroger shopper because they send you coupons based on the products you are already buying. I also shop at Aldi since I find they have great prices to begin with.

@ShelbyChurch Год назад

I agree it is smart to put money in different bank accounts! I mean look what happened with Silicon Valley Bank 😳

@Primeribdinners Год назад

I love how you always have such fun and interesting video ideas! This was a well done video and interesting to watch.

@SidneyDiongzon Год назад

Great video Shelby!!!!

@jordanwilliams24 Год назад

I'm in the Chicagoland area, and I LOVE the Capital One cafes! The perfect balance btw the benefits of HYSA and the accessibility of brick-and-mortar locations

@pattyg7244 Год назад

So nice to see you! I’ve missed the vlogs!

@ShelbyChurch Год назад

Vlogs will come back soon! Thank you!!

@RundownwithRachel Год назад

Very much needed and relevant! Thank you!!!

@Combat_Medic Год назад

I used to hate Trader Joe’s, but now that I actually have a budget instead of spending $1,000 a month on doordash TJ’s is such an amazing store! I can get great dinners there for under $6 a piece, and it’s non GMO, no artificial preservatives, nothing in the food is bad! I love Trader Joe’s! And the selection is amazing!

@danperlmutter Год назад

You are so good at doing videos like this! My one additional suggestion as far as grocery shopping is concerned would be to always do a list before you shop, and buy only items on the list.

@ShelbyChurch Год назад

Oh yes a list for sure!!

@OcRefrigeration Год назад

& 1 thing to add to the list idea , Eat before You go grocery shopping.never shop when your hungry. 😉😆

@yayabrazie Год назад

This is a great video Shelby! Would love more videos like this. Thank you!!

@brianxyz Год назад

Great video, Shelby. I would add that people should stock up when they find good deals on stuff they buy all the time and to invest in a good bond index funds. When interest rates start to fall such funds should do well.

@danielkim7841 Год назад

Shelby Church explains hard concepts like inflation in an easy simple way we can all enjoy. She is like Bill Nye the Science Guy but with better skin courtesy of Sephora Bronzer!

@ShelbyChurch Год назад

Hhahahahaha thank you

@amyvonne01 Год назад

I appreciate the credit card advice in this and the last video. When I was younger I wasn't financially responsible and it stayed with me for a long, long time. I'm good now, but I wish I had heeded this advice when I was in my 20's!

@ShelbyChurch Год назад

yea it’s so important to be responsible with them!

@TomNook. Год назад

Yup, it's a case of exploit the CCs, don't let them exploit you

@KatelynMariee Год назад

Awesome video Shelby! I live in FL. Just paid $11 for 60 eggs at Walmart and though that was pretty good.

@nirui467 Год назад

Costco is great for buying things in bulk. Asian grocery stores are great for produce. Even fast food is no longer that cheap, so I have been better about preparing my meals. It's also healthy!

@heavythinker16 Год назад

I enjoy the shift of topic in this video.

@Terry12345 Год назад

One of your best ever! More please 😉

@ramrampersaud8415 Год назад

Great vid Shelby, thank you!

@Rebecca.Robbins Год назад

I’m Canadian so not a lot of these apply to me, BUT I still enjoyed watching and I would love to see a whole video on the Capital One “lounges” or whatever they are. I would love to see you visit more than one!

@grantguy8933 Год назад

Canadian is already screwed with the bad policy and much higher price than 🇺🇸 on pretty much anything.

@ShelbyChurch Год назад

I’m planning to do that soon!!

@kotgc7987 Год назад

This was pretty good, covering daily finance and food costs. Something I've discovered is meal kit deliveries, which seems more affordable and the tastes and cooking are a whole new level!

@joymae Год назад

The video we all needed thanks Shelby

@thehammah8039 Год назад

Thing to note VOO is an exchange traded fund (acts likie a mutual fund but has the taxes like a stock) This way investors don't get hit with capital gains each year like in a mutual fund. I shop online and bought basically all my Airbnb remodel furnishing using rakutan and got back 1000s. I too am doing dollar cost investing since January and will do so for the time being. great video as usual. Miss your vlogs hope you come back soon after your break.

@ShelbyChurch Год назад

Ill be back soon on the vlog channel!! Thanks for watching :) and glad you were able to get so much back when you furnished your airbnb that’s awesome!

@BaileyB1011 Год назад

This video was AMAZING very insightful and clear. Definitely taking your recommendations

@JerryScroggin Год назад

Good video. Well written or actually well researched. I was just nodding my head as she mentioned the ways. I already use several of them.

@ShelbyChurch Год назад

Thank you!! I put a ton of time into this one!

@debfaith23 Год назад

Amazing editing!! Love love love this content 🤩

@ShelbyChurch Год назад

Thank you!!

@brendabautista6710 Год назад

Great information! Thank you for sharing! Please do more videos like this!

@phiakate Год назад

Thank you for this I have seen these companies just freeloading off parents just trying to feed their families. I have been thinking that people will be outraged in the coming year when these food companies announce their record profits to the public, who innocently believed there was something else to blame. The 16% food inflation here in the UK does not add up to the absolute price gouging that is in progress in our stores. I cannot believe no one else is pointing this out.

@stephencook920 Год назад

One thing I've been doing more of is DIY instead of buying. You can also sell stuff you make on marketplace and maybe discover a side hustle in the process.

@ShelbyChurch Год назад

Yes this is so true and it’s also really fun!

@ArmanZaidi Год назад

this is great, i really got into all of this last year

@TraceyPoland Год назад

Nice video... Thanks Shelby!

@aznpridebuhhd Год назад

Enjoyed your video as always! Also didn’t know that about capital one lounges! I’ve walked past one before, and was confused at why they had lounges/what the purpose was.

@nicoleluke3249 Год назад

This was so helpful Shelby ❤ I opened a high interest savings account today because of this video 🎉

@mthomas1091 Год назад

Incredible video Shelby! ❤

@denisebennett3144 Год назад

Very informative. Great job.

@BrandyBee1 Год назад

Love all the info, thanks for sharing!👍🏽👍🏽👍🏽

@sandranenadic4356 Год назад

This is a great video! All of it adds up overtime. Keeping your money in an account with a high interest rate can make you up to 1,000 a year.

@KoaGrey Год назад

More content like this! I love it❤

@aliciamitrowitz3122 Год назад

Capital One banker for years due to the higher interest. Before Capital One, it was ING Direct for me. I've checked out one of their cafes, but usually I'm not local to one to go regularly. I've definitely been checking prices more in grocery stores lately. Sometimes I notice an item increased 50 cents from one month to another. I mostly shop at Wegmans and Trader Joes. Comparing the prices in those stores to others around me, they are usually cheaper at both of those stores for the items I buy. Rakuten is really great around Christmas time too.

@PBMMoney Год назад

Great content !! Keep it up !!

@libbysworld7649 Год назад

Awesome video. I'm now a new subscriber and I shared this on all of my socials. I have had a Capital One savings account for almost a year now. Smart move indeed. I also now have a 2% - 3% cash back Mastercard that I have SLOWLY started using and getting some cash back. I also invest in VOO and LOVE IT. So glad I found your channel!

@sophiegossack Год назад

such a great video, Shelby! Thanks for the great advice.

@ShelbyChurch Год назад

thanks for watching!!

@gotyor Год назад

Great suggestions, but I understood this was not financial advice. I learned if I want to save even more money that going to walmart is best value... Now why walmart can seem scary to some, it is the most interesting people watching I have ever seen. It will keep you grounded and worth the savings!

@shereebirkhead2003 Год назад

Great video!! I am a sales shopper and do so much research before buying things. Love the bank savings tips.

@dontbanmebrodontbanme5403 Год назад

The SoFi bank recommendation is awesome! I'm going to open up an account with them right now!

@RonnieCKChan Год назад

Do you know if series I bond is the same as CD(certificate of deposit) or what the differences are?

@MichaelPriceOfficial Год назад

Another BANGER from Shelby! Those crooks and liars on CNBC can learn a thing or two from you!

@123paramorefan Год назад

This was a GREAT video!! Just wanna say that :)

@angieserdar Год назад

Thank you for a wonderful video ❤

@clgearhart Год назад

Silver, gold, and platinum are where its at for investments!

@SlamKKi Год назад

Super helpful, thank you!

@haileecalder1461 Год назад

Love this video! Could you do a short video on how you got set up to buy voo? I would want to buy it through sofi since I’m about to get an acct there

@coolpopular4life Год назад

Loved this video!!

@zoeywillems Год назад

Great content!

@blaire3 Год назад

Another pro for the Series I Bonds is that the earnings are exempt from state income tax, so you could also consider those savings part of the benefit. Depends on your state, some states have higher tax rates than others. You do still have to pay federal income tax on it though.

@jeffreyguntle8631 Год назад

Enjoy this thank you!!!

@geoffp1 Год назад

Thank you Shelby for the helpful tips! yes I agree pretty delusional skipping breakfast just to save money

@penguingobrrbrr353 Год назад

What do you think about physical 24karat gold as saving money ?.

@SingerRick Год назад

Nice job!!!! Really useful information!

@LeoHernandeznyc Год назад

Hello, may I ask what microphone are you using?

@hanabundance Год назад

Thank you for your awesome video!

@nelliemar Год назад

Shelby!! This is incredible helpful thank you for this video it came at the perfect time. Random question for you or anyone - where is the best place to keep your spending money thats not for savings? Still a standard checking account?

@debbiebrzozowski5259 Год назад

I keep my spending money in my checking for ease of access

@Raja1938 Год назад

My main savings and checking accounts are with an online bank. While they promise free ATM access, the machines located near me (one in a Target and another in a 7-11) were always out of order. So I maintain a minimum balance in a Bank of America savings account (not checking) just so I have easy access to cash when I need it.

@chrissyhiking Год назад

Great video!!

@KatelynMariee Год назад

Super interested in learning more about stocks and investing.

@samehmke3396 2 месяца назад

So helpful!!!!!🎉🎉❤❤❤

@richard.castro Год назад

LOVE THIS!

@chrisbaker2669 Год назад

You have your shit together and you are very smart with your money.

@kimberlytaylor3987 Год назад

So I don’t know a lot about stocks and ETFs but I recently a year ago started dabbling in that with my Stash card. Do you have any opinions on that direction?

@alexanderschwarm7755 Год назад

This girl's joy is so contagious

@ShelbyChurch Год назад

thank you!!!

@Hereismytwocents2011 Год назад

I love Trader Joe's and some things, mostly produce can be cheaper, but Walmart is still cheaper on most items. Aldi also has good prices.

@DanFrederiksen Год назад

What is the stock viewer you are using?

@adelinechen4365 Год назад

Hi Shelby! Amazing video as usual. Where is your wander hoodie from? Ahhh so cute.

@shelbysmom Год назад

I really enjoyed watching your video. I'm almost 60 years old and it was very refreshing in this day and age to see a millennial actually be responsible for themself. I'm very proud of you

@stop08it Год назад

"it was very refreshing in this day and age to see a millennial actually be responsible for themself." I'm sorry but what is this supposed to mean? Millenials are out here trying to make it like everyone else and have been trying to since the 2009 recession when many of us were coming of age. Really tired of people piling on Millenials when its uncalled for.

@shelbysmom Год назад

@@stop08it most millennials want and are used to handouts..i.e. having others pay off their student debt, expecting to be able to have their hair done, their nails done, use credit cards as if there is no limit, go out to lunch and dinner everyday and not have to work for it...or live with their parents...this is NOT being responsible...most need to learn to live below their means...THAT's what it's supposed to mean.

@rustyrobinson8027 Год назад

nice video I love it thanks ❤

@sandy949 Год назад

I’m here for the title alone!!! ❤and cow! Hi

@freddytangen444 Год назад

Yay. More finance advice from Shelby

@ShelbyChurch Год назад

It’s not financial advice! I’m just a RU-vidrs you guys learning as I go. Remember i have no certifications with this stuff! I like sharing my thoughts and what I’m doing, but definitely get more opinions besides just mine because i dont know if I’m really the best source!