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CHICAS, are you worried about inflation’s impact?
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CHICAS, are you worried about inflation’s impact?

7 Essential Inflation Protection Strategies

Antoinette Rodriguez, MBA's avatar
Antoinette Rodriguez, MBA
Dec 04, 2024
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"What, me worry?” - Alfred E. Neuman, Mad Magazine mascot - 1952-2018

With 73% of women citing inflation as their primary financial concern and only 41% knowing how to protect themselves, taking action is crucial - especially with the anticipated policy shifts under the incoming Trump administration. Women face unique challenges, as they hold about two-thirds of student debt and are more likely to carry credit card balances compared to men. This financial vulnerability requires strategic planning and immediate action.

The economic landscape is poised for significant changes in 2025, particularly in areas like federal employment, manufacturing, and labor regulations. While some sectors may benefit from potential onshoring initiatives and manufacturing incentives, others might face new challenges. The previous Trump administration's policies focused heavily on deregulation and tax reforms, and similar approaches are expected in the coming term. This could create both opportunities and challenges for women in various sectors.

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Women's labor force participation, which dropped to 57% during the pandemic (the lowest since 1988), remains a critical concern. Despite recent improvements, women continue to face unique hurdles in the workplace, including wage gaps and career interruptions for family care. The incoming administration's policies regarding childcare, family leave, and workplace regulations will significantly impact women's economic stability.

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