how to deal with inflation according to my community:
1. Save money
2. Prepare for an emergency
3. Looking for additional income
4. Consumption of domestic products
5. Start investing and saving
that is the way in my opinion to overcome inflation in society. then what do you think? Is this way possible to overcome inflation?
That's a great suggestion, but before inflation actually takes place, it would be beneficial for you to delve into the realm of financial education. It is an essential element that can empower you to navigate the inflationary challenges in your country with wisdom. Through financial education, you will gain knowledge about budgeting, wise investments, and prudent saving techniques.
Sadly, economic literacy remains remarkably low in several countries even today. Many individuals make reckless financial decisions without due caution. This can have dire consequences and worsen the situation during monetary crises when inflation intensifies.
Arm your mind with financial knowledge if you seek to handle money wisely. I am confident that positive and purposeful outcomes can be easily achieved.