How has inflation affected your savings and investing?

[watergold]

We can still survive from this inflation if we know how to budget our money, there are a lot of things that we can sacrifice especially those things that we dont need but just only want. We can also save our money if we are going to buy things not in the mall or supermarket because as we all know the price of the things we have in the mall are high compared to the outside.

This is a good option to do, because sometimes we are not aware of this, that there are still many people who use luxury standards to buy things.
but things like this have to start now. As long as the product you buy is the same, why not use a cheaper one, because the most important thing is the use, right?
From now on, I think I must pay attention to the needs and desires. because often people including me buy things that are not really important needs just because they want to get the goods, this should be reduced as well.

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[South Park]

...

Direct costs of living, so housing prices and food prices are all increasing because of supply shortages.

The supply chain took a hit during Covid but there's always a lag in the inflation calculation as the market determines the price increase. And if you want to go further than that, despite having your income rise by 10x, you still had more purchasing power 5 years ago. Most centralize government banks will target inflation to be at 2 percent each year. Your country might have had higher inflation, so it could be worse. So, by design, you are losing 2+ percent of your spending power each year, even if it may not necessarily seem like the prices around you are increasing. The price increases are subtle, and by design.

We also need to take into account that inflation is not even, and while a 2% inflation per year is the goal that does not necessarily mean we see this over all industries, the things that people demand more and which are basic necessities are the ones that increase the most as the demand for them is always high and as such that inflation number could still be very deceiving, and now that the inflation is higher than that it is not surprising that we are seeing this being even more notorious than in the past.

[Ems.]

Affected the savings and investing,if someone cannot manage to controlled her/his self for increasing there demands and needed.Can you control if less/decreas your things to buy,and important items only to spend your money,so that will not affected your saving buy something if its necessesary,and in investing those things needs to supply than a lot of supply but less demands of the people.

[Gyfts]

...

Direct costs of living, so housing prices and food prices are all increasing because of supply shortages.

The supply chain took a hit during Covid but there's always a lag in the inflation calculation as the market determines the price increase. And if you want to go further than that, despite having your income rise by 10x, you still had more purchasing power 5 years ago. Most centralize government banks will target inflation to be at 2 percent each year. Your country might have had higher inflation, so it could be worse. So, by design, you are losing 2+ percent of your spending power each year, even if it may not necessarily seem like the prices around you are increasing. The price increases are subtle, and by design.

We also need to take into account that inflation is not even, and while a 2% inflation per year is the goal that does not necessarily mean we see this over all industries, the things that people demand more and which are basic necessities are the ones that increase the most as the demand for them is always high and as such that inflation number could still be very deceiving, and now that the inflation is higher than that it is not surprising that we are seeing this being even more notorious than in the past.

This is a good point - From what I'm seeing, there are supply chain issues effecting computer chips which are causing issues with a lot of vehicles to sit in lots because manufacturers are waiting on these chips. Used car markets as a result see an increase in price, upwards of 20 percent. Doesn't necessarily effect anyone that isn't looking for a used car. Energy and food are the two major industries I'm looking at though, and there are no signs that supply chains will recover, so inflation is here to stay across all industries.