I'm personally holding on to my current debt. With inflation, it should be easier to pay off, but I can also see an argument for paying it off. If not though, I'd turn around and invest in real estate, in particular, land. Farmable land with a house with utilities is even better.
Also tradable commodities, like bottled water, canned and long storage food, alcohol, batteries, fuels, antiseptic, medicines, quick clotting agent, bleach and chlorine for water purification etc.
I'd also take most of your savings out of the bank in the event a blackout or hack makes use of e-payments impossible.
Admittedly I do have some crypto, and it's done really well these last two months, but I've always said, don't put in more than you're willing to lose. So like $50 every week between Saturday night to Monday night when crypto markets normally dip.
I’ve read that depending on the debt, they have provisions built in where depending on how much inflation happened they can adjust the debt accordingly. This is what someone on here told me.
I didn’t look into it too deep because I’m just in overdrive right now to pay off my debt. But if you plan to hold it you might want to look into it.
I'm personally holding on to my current debt. With inflation, it should be easier to pay off, but I can also see an argument for paying it off. If not though, I'd turn around and invest in real estate, in particular, land. Farmable land with a house with utilities is even better.
Also tradable commodities, like bottled water, canned and long storage food, alcohol, batteries, fuels, antiseptic, medicines, quick clotting agent, bleach and chlorine for water purification etc.
I'd also take most of your savings out of the bank in the event a blackout or hack makes use of e-payments impossible.
Admittedly I do have some crypto, and it's done really well these last two months, but I've always said, don't put in more than you're willing to lose. So like $50 every week between Saturday night to Monday night when crypto markets normally dip.
I’ve read that depending on the debt, they have provisions built in where depending on how much inflation happened they can adjust the debt accordingly. This is what someone on here told me.
I didn’t look into it too deep because I’m just in overdrive right now to pay off my debt. But if you plan to hold it you might want to look into it.