How do you cope with the inflation on your personal finances?

[Ratine]

Inflation has caused the rose cost of living. This has been so because of the low purchasing power with the currency.

 

[Authenticity101]

I have had to deal with inflation by cutting off some unnecessary expenses. These days, I only shop for what I need and let go of my unnecessary wants. This has helped me save a lot of money for the important things.

 

[bestwriter]

When it comes to one's needs there is nothing one can do but one can surely go slow on one's wants.

 

[Ratine]

In my country the credit facilities are the ones that have helped people all that long.

 

[nomad]

I do two things, one work hard and make more money, and two, spend less, even when it means to downgrade my lifestyle

 

[freelancermaria]

I participate in different forum websites, live within my means, reduce unnecessary expenditures, and invest. These are some of the ways I do to cope with inflation.

 

[Shavkat]

The only thing that I am whining about is paying our apartment monthly, which makes me struggle to earn money. We did not usually pay for our place before, which makes me feel bad at present.

 

[riberet19]

I try to invest what I have left over to try to fight or beat inflation, for example in mutual funds, crypto, foreign currencies in my neobank or other investment instruments.

 

[cherry123]

Dealing with inflation needs one to be creative . You can start with cutting off some unnecessary expenses like unnecessary wants.. Just spend money for the important things.

 

[Springtime]

Inflation is not that serious in my city. The inflation rate is about 2-2.5%. But still, the price of some products has increased. To tackle this, I always look for good deals such as buy one get one free and work harder to make more money.

 

[Fidelia]

I just work more to make sure that I always have money to meet my basic needs as they arise with constant price increases in mind.

 

[Sawe]

I have been able to keep my expenses on track so that I don't spend too much in such hard financial times. I also look for way to earn well from several sources. That way, I will have a better cash flow to sustain me.

 

[Rubz]

I try to deal with inflation by avoiding unnecessary spending. I also try to go for a cheaper product of a good i am in need of instead of going for the expensive one.

 

[Etini Willie]

I just try to take my personal finances to a higher level to cope with the inflation. I increase the prices of the products of my business.

 

[Passiveearner]

The best way to cope with inflation is to increase your income. Start investing and start saving a huge sum of money. This is the only thing you can do.

 

[eldavis]

I don't really have a choice in this case, all I can do is cut down on my expenses and how I live my life.

 

[Passiveearner]

Cutting down expenses is a great way to deal with Inflation. However, this should not be the only thing you should be doing. It would be a really great idea to I create your income as well.

I don't really have a choice in this case, all I can do is cut down on my expenses and how I live my life.

 

[Etini Willie]

What I do with my personal finances now is to try and boost it so that it would surpass the rate of inflation.