Quote from: DabsPoorVersion on Today at 09:39:59 AM

Quote from: knowngunman on Today at 09:30:20 AM

Quote from: Sebas.tian on Today at 07:57:14 AM

Whenever inflation begin to flow in a country, all you need to do is to reduce your expenses so that you will be able to survive through out the years the inflation will going to flow, because if you fail to work on your expenses during the inflation, there is no way you can escape the inflation and the hardship in the country.

Do you think reducing your expenses is an option here? When inflation strike, your income will barely get you half of what usually get with it before and by reducing the expenses, you mean reducing your daily consumption. It's like attempting to starve yourself which is not ideal. The best thing to do is to increase your means of income through other alternatives. At this current era we live in, I don't think people still rely completely on salary to survive unless you intend to be in debt until your retirement. Salary is not longer sustainable and that's why people are now turning down on salary jobs and prefer to be self employed.

I agree with you. By reducing our daily or monthly expenses is indeed one of the possible options, however, this will not be a long-term solution to overcome inflation. In the long run, the more inflation rate we have face, the more we need to reduce our expenses until we are no longer be able to purchase the same quantity of products or foods sooner or later.

The best thing to do is to find another source of income, a job with a much higher pay rate, or at least find a way to have a stable source of income that can help to pay for the daily expenses we have.

Proper management about your finances and with having that control with your expenses on which this is something that would really be needed if you are someone who do mind about those economical problems
that we are really that facing specially now that we are living in a world where these type of problems is something which is really that inevitable. This is where people would really be able to think up
on getting more another source of income so that they could really be able to patch up on the things on what they should really be gonna be needing to patch up rather than on making yourself that
be sticking or minding about with a single job on which sooner or later you would really be finding yourself on having that struggle on making yourself a living because it isnt
really that enough anymore on supporting your needs or whatever you do really need for you to live.