What do you guys think about this? Would this be helpful? And what do you think will help us in this time of economic hardship?
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.
This one!
You wont really be putting up yourself on such trouble if you are really just that sensible on the things that you are doing. Living on a luxury life even if you are just an average earner would really be
just that a suicide on having this kind of approach towards to your spending. The main thing you should really be having in mind is that you should really be saving up money for the future.
Emergency funds plus having those funds which are intended for investment and business on which this know that these things could really help you out with financial trouble but of course it would
really be just hat depending whether it would really be a successful one or not.
You cant really be able to know though unless you do try but we know that there are people who are really that skeptical on making out such step just because
they cant really be able to afford on losing money.