Yes what you said can save yourself from inflation. Avoid living a life of luxury if you are in the grip of inflation. Inflation has increased a lot in our country at present. Due to the rise in inflation, the prices of food items have gone up, making it difficult for the common man to live. So I am currently trying to do a part time job along with the job. I currently spend less than I earn, don't spend unnecessarily. We must save for the future, so I don't put money in the bank to save, because money loses value due to inflation. I invest my savings in bitcoins, which will benefit me a lot in the future.