Synopsis: Every first and third Monday of the month, get our tips on working smarter, getting ahead in your career and investing like a pro with ST's business correspondents and editors. Hosts Lee Su Shyan and Ven Sreenivasan - both associate editors at The Straits Times - offer you an extra edge in managing your hard-earned money. In this episode, they explain briefly how Singapore got into this current inflationary position as of June 2022, and how investors and people can cushion themselves against the effects. Highlights (click/tap above): 01:45 How Singapore got into inflationary position 04:20 What can consumers and investors do to mitigate inflation effects? Drive less, trimming when it comes to brands, holidays 05:26 Hedge against inflation with investments, especially those that give you a good yield, such as S-Reits 07:10 Tips for home owners with a mortgage 07:58 How can investors prepare for a possible recession? Register for ST's Head Start newsletter: https://str.sg/stnewsletters Produced by: Lee Su Shyan (email@example.com), Ven Sreenivasan (firstname.lastname@example.org), Ernest Luis and Teo Tong Kai Edited by: Teo Tong Kai Follow ST's new Your Money & Career Podcast channel here: Channel: https://str.sg/wB2m Apple Podcasts: https://str.sg/wuN3 Spotify: https://str.sg/wBr9 SPH Awedio app: https://www.awedio.sg/ Read Lee Su Shyan's articles: https://str.sg/wuQs Read Ven Sreenivasan's articles: https://str.sg/wuQe Website: http://str.sg/stpodcasts Feedback to: email@example.com --- Discover ST's special edition podcasts: Singapore's War On Covid: https://str.sg/wuJa The Unsolved Mysteries of South-east Asia: https://str.sg/wuZ2 Stop Scams: https://str.sg/wuZB Invisible Asia: https://str.sg/wuZn --- Discover more ST podcast series: Asian Insider: https://str.sg/JWa7 Green Pulse: https://str.sg/JWaf Health Check: https://str.sg/JWaN In Your Opinion: https://str.sg/w7Qt Your Money & Career: https://str.sg/wB2m SG Extra: https://str.sg/wukR #PopVultures: https://str.sg/JWad ST Sports Talk: https://str.sg/JWRE Bookmark This!: https://str.sg/JWas The Big Story: https://str.sg/wuZe Lunch With Sumiko: https://str.sg/J6hQ Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! Do note: All analyses, opinions, recommendations and other information in this podcast are for your general information only. You should not rely on them in making any decision. Please consult a fully qualified financial adviser or professional expert for independent advice and verification. To the fullest extent permitted by law, SPH Media shall not be liable for any loss arising from the use of or reliance on any analyses, opinions, recommendations and other information in this podcast. SPH Media accepts no responsibility or liability whatsoever that may result or arise from the products, services or information of any third parties. #moneycareer See omnystudio.com/listener for privacy information.