3 Unconventional Ways to Save Money: Thinking Outside the Box

There are still actions you can take to save money amid inflation.

A woman looks at her spending habits on a computer with a pen and paper.
(Image credit: Getty Images)

When inflation rose sharply last year and continued to spike month after month, many people were caught off guard. Some may even have found themselves with less or even zero "extra" money at the end of the month, but they didn't realize why until it was too late.

Unfortunately, if you're one of those who didn't work to get a handle on their skyrocketing expenses quickly, you may be at a loss now. However, that doesn't mean you can't reposition yourself to get ahead on your savings despite the persistently high inflation. 

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Jacob Wolinsky

Jacob is the founder and CEO of ValueWalk. What started as a hobby 10 years ago turned into a well-known financial media empire focusing in particular on simplifying the opaque world of the hedge fund world. Before doing ValueWalk full time, Jacob worked as an equity analyst specializing in mid and small-cap stocks. Jacob also worked in business development for hedge funds. He lives with his wife and five children in New Jersey. Full Disclosure: Jacob only invests in broad-based ETFs and mutual funds to avoid any conflict of interest.