When there is an imbalance between income and expenses, people go into debt. Inflation is one of the main factors that creates this imbalance. The fact that the whole world and some countries have higher inflation rates makes this a global problem. What we all need to do is work more and find additional sources of income to both improve ourselves and increase our purchasing power.
Unfortunately we always look for solutions when inflation is hitting so it is much more difficult to find solutions in such conditions.
If someone understands that inflation will be a problem and difficult to overcome because it occurs unpredictably, then what needs to be done is how someone can create a balance between income and expenditure so that with this balance we can actually minimize the risk of inflation that occurs.
If you notice, the most basic thing that has an impact during inflation is only related to the fulfillment of food because this is a basic need for many people.
The occurrence of scarcity can affect the price of goods to increase significantly so that purchasing power decreases because people start to lose purchasing power due to lack of money.