Quote from: erep on Today at 05:35:37 PM

Quote from: uneng on Today at 04:15:07 PM

There isn't much we can do about it. All I can say is that I try to adjust myself to the currently situation I'm facing. If prices are getting more expensive each new day I go to the supermarket, I stick myself with the promotions and cheapest items which fit my budget. If I'm going to eat out, I also look for the most affordable alternatives, and thankfully there are always some of them.

Despite the financial difficulties the world is facing, I think it's still possible to be fine following this recipe. At least I still have abundant food to eat and access to acquiring superfluous items every month thinking on personal self-esteem and welfare.

We must rearrange financial management to adjust to the impact of inflation. Several options must be implemented, including reducing spending costs and converting savings into investment assets that have the potential for stability, such as investments in gold, land and others.

We don't know how long the impact of inflation can be restored to improve the economy in various countries, everyone must have their own strategy to limit the use of savings funds, such as hunting for food or goods that have been discounted at various shopping centers, these efforts help you to save money and manage expenses only for basic needs.

Yes, if you have a considerable amount of money idle you have more alternatives to develop your strategy against inflation. To buy a land or a property can be a smart choice thinking on increasing their value on long term or generating passive income through renting. This is the best strategy I'm aware about, although people have to be careful where they acquire lands or properties, because if the area isn't promising, it will reflect negatively on the value of their patrimony futurely.

The legality of such acquisitions is also a must to prevent future headaches. A scripture of the land is always a must.