Post
Topic
Board Economics
Re: Inflation is making a mess of my savings.
by
beerlover
on 22/07/2023, 17:19:16 UTC
You buy something for a certain amount today, in the next one week, that same item you bought  has charged Prince without any reason.
How are you guys pulling it through with this inflation?
There will always be an inflation all the time and everyone is being affected here, but how do we stand out amidst this occurrence depends on the appropriate approach we administer to help us plan and prepare against the consequences of inflation in our own economy and finances, what are the investment we made, how do we decided to secure them, we are also expected to have an alternative means to financial income, we are to make diversification where necessary and we are to also remain committed to what we do and be sensitive enough in seing something coming before it hit us bad, we should most importantly be independent especially in this deteriorating financial economy and venture into bitcoin as an alternative digital currency that cannot be affected by inflation.
I believe that if we are prepared like that for any we are going to be fine. Yes, it is going to be a hard one for some people but we need to learn how to do that and we should be ready for it one way or another. Not too many people can be ready for it unfortunately but that's just how it is.

People are not ready because they do not think that anything bad would happen, or better yet they think something bad could happen but they do not care about it anyway, it is just not something we think we need to be ready for. This is why when stuff like pandemic happened there weren't any people who could survive if the government didn't help and plenty of people were on welfare for a while in order to stay alive during that period.