how to overcome inflation for the community

[sana54210]

In order to avoid inflation, we must do some planning in advance. such as savings and investment. These two things are very important. Because if there is no savings or investment in advance then there is a possibility of serious disaster during inflation. The money should be stored in a safe place because when inflation occurs, various banks go bankrupt. And we have to learn to produce some of our daily necessities so that we can use them for our own needs during inflation. Only by such planning will we get rid of various problems during inflation.

I think saving and investment is not smart way to approach inflation, but underpaying for something by getting in bulk so that you would profit later on when inflation happens is the smart way to go. Just to give a simple small example, I bought all my food for monthly at the start of the month, it may look like not going to grow too high, but not everywhere is Germany, in my nation from start of the month to end of the month matters, plus when you buy it in bulk, it makes it a lot cheaper as well.

So between prices rising and me buying with discount, I save so much money between even start of one month to end of that month. I do not eat extravagant food neither, like rice and potatoes and meat, that's it, that's most I love, some pasta as well, so it's always cheaper in the end.

[mm2543363580]

In order to avoid inflation, we must do some planning in advance. such as savings and investment. These two things are very important. Because if there is no savings or investment in advance then there is a possibility of serious disaster during inflation. The money should be stored in a safe place because when inflation occurs, various banks go bankrupt. And we have to learn to produce some of our daily necessities so that we can use them for our own needs during inflation. Only by such planning will we get rid of various problems during inflation.

I think saving and investment is not smart way to approach inflation, but underpaying for something by getting in bulk so that you would profit later on when inflation happens is the smart way to go. Just to give a simple small example, I bought all my food for monthly at the start of the month, it may look like not going to grow too high, but not everywhere is Germany, in my nation from start of the month to end of the month matters, plus when you buy it in bulk, it makes it a lot cheaper as well.

So between prices rising and me buying with discount, I save so much money between even start of one month to end of that month. I do not eat extravagant food neither, like rice and potatoes and meat, that's it, that's most I love, some pasta as well, so it's always cheaper in the end.

There is no way to overcome inflation all of us have to face it and live with it but yes we can reduce its effect on us by doing certain  things.
Look for ways of smart earning,  saving doesn't help to reduce inflation go for investment to get profits. 

[imamusma]

I think saving and investment is not smart way to approach inflation, but underpaying for something by getting in bulk so that you would profit later on when inflation happens is the smart way to go. Just to give a simple small example, I bought all my food for monthly at the start of the month, it may look like not going to grow too high, but not everywhere is Germany, in my nation from start of the month to end of the month matters, plus when you buy it in bulk, it makes it a lot cheaper as well.

So between prices rising and me buying with discount, I save so much money between even start of one month to end of that month. I do not eat extravagant food neither, like rice and potatoes and meat, that's it, that's most I love, some pasta as well, so it's always cheaper in the end.

I'm only sure of one thing, if this way is adopted by most of the people in your country, then I think the inflation will get worse. I mean, without you knowing it there is an increase in demand for an item in the market which is likely to make the price more expensive over time but maybe you don't realize it because you buy it in large quantities. This is a reaction that actually needs to be avoided during inflation because the higher the value of an item, the lower the value of the fiat itself.

Hoarding goods in large quantities appears to benefit consumers, but in reality this forces inflation to continue to increase because the value of an item will increase due to high demand.

[southerngentuk]

These may be some great tips in life, but really what matters is how each person approaches and copes with inflation. Not all tips work for everyone, and not all of these tips are good. Because focusing too much on a lot of issues anyway will only make them out of control, which is really not good. The word can do the opposite of what you're trying to do, and things will only get worse. So try to understand what you need and just do well what you are doing; don't think about the negative problems that it brings; just check if you are really persistent enough to face it.

[Natalim]

These may be some great tips in life, but really what matters is how each person approaches and copes with inflation. Not all tips work for everyone, and not all of these tips are good. Because focusing too much on a lot of issues anyway will only make them out of control, which is really not good. The word can do the opposite of what you're trying to do, and things will only get worse. So try to understand what you need and just do well what you are doing; don't think about the negative problems that it brings; just check if you are really persistent enough to face it.

So instead of thinking about how bad is inflation to us, much better if we focus on finding additional sources of income because whether we like it or not, this gonna happen to the market. What we gonna do is to adopt the situation and have more investments and sources of income we can never feel how bad it was. In today's situation, we can never be lazy and feel tired, but must have to work harder and be wise when it comes to spending money and in this time, people had realize the value of money in our lives.

[romero121]

These may be some great tips in life, but really what matters is how each person approaches and copes with inflation. Not all tips work for everyone, and not all of these tips are good. Because focusing too much on a lot of issues anyway will only make them out of control, which is really not good. The word can do the opposite of what you're trying to do, and things will only get worse. So try to understand what you need and just do well what you are doing; don't think about the negative problems that it brings; just check if you are really persistent enough to face it.

So instead of thinking about how bad is inflation to us, much better if we focus on finding additional sources of income because whether we like it or not, this gonna happen to the market. What we gonna do is to adopt the situation and have more investments and sources of income we can never feel how bad it was. In today's situation, we can never be lazy and feel tired, but must have to work harder and be wise when it comes to spending money and in this time, people had realize the value of money in our lives.

Now itself people have got adopted to the economic situation. People who haven't got much of opportunities to increase the streams of income have started to keep down their spending. Another thing that strikes my mind when we talk of fighting against inflation is turning ourselves self reliant. When we talk of the community as a whole, we were able to make things better with perfect plans organising the community and making them involved into value addition. In such a way we were able to see massive change happen in human lives living as a community.

[Kadal Ijo]

I think inflation that occurs is something we have to pay attention to, many people are poor because of inflation so anticipating inflation is a smart move, and I think the best thing when we want to overcome inflation is to increase our income so that we have financial security.

[Smack That Ace]

In order to avoid inflation, we must do some planning in advance. such as savings and investment. These two things are very important. Because if there is no savings or investment in advance then there is a possibility of serious disaster during inflation. The money should be stored in a safe place because when inflation occurs, various banks go bankrupt. And we have to learn to produce some of our daily necessities so that we can use them for our own needs during inflation. Only by such planning will we get rid of various problems during inflation.

I think saving and investment is not smart way to approach inflation, but underpaying for something by getting in bulk so that you would profit later on when inflation happens is the smart way to go. Just to give a simple small example, I bought all my food for monthly at the start of the month, it may look like not going to grow too high, but not everywhere is Germany, in my nation from start of the month to end of the month matters, plus when you buy it in bulk, it makes it a lot cheaper as well.

So between prices rising and me buying with discount, I save so much money between even start of one month to end of that month. I do not eat extravagant food neither, like rice and potatoes and meat, that's it, that's most I love, some pasta as well, so it's always cheaper in the end.

Taking the time to hunt and shop for discounted items is a brilliant idea to save money in times of inflation. But if you have a savings account and get extra income from your investments, you don't have to worry about spending every day. Moreover, saving and investing not only help us deal with current inflation but also help us in the future because inflation will always be with us. The best way to beat inflation is to increase your income, not just save and buy discounts every day.

[Patrol69]

In countries where things like inflation happen people understand how they live at that time. A few days ago I saw Sri Lanka where people were living a difficult life due to inflation. Most of the time there was no electricity in Sri Lanka.  
The Australian cricket team toured Sri Lanka at the time and Australian captain Pat Cummins shared a picture on social media where they were having candle-lit dinner due to no electricity. If this is the case in a five star hotel, then imagine how common people used to live. At that time, a packet of 1 kg of powdered milk exceeded $20.  

During that time, common people lived very hard. Those who have seen this incident in Sri Lanka should learn from the incident in Sri Lanka. Something like this happened in Sri Lanka a few days ago and after a few days something like this can happen in your country too if you are not prepared then how will you deal with that time. We have to plan these things in advance along with money savings and take some other steps.

[Inwestour]

Taking the time to hunt and shop for discounted items is a brilliant idea to save money in times of inflation. But if you have a savings account and get extra income from your investments, you don't have to worry about spending every day. Moreover, saving and investing not only help us deal with current inflation but also help us in the future because inflation will always be with us. The best way to beat inflation is to increase your income, not just save and buy discounts every day.

An increase inflation implies an increase in prices for all products, and it takes some time for the employer to increase wages and salaries in relation to the increase in inflation. Thus, due to inflation, your salary will also increase, but this will not happen immediately. With rising inflation, the most difficult is the transitional stage, when everyone starts raising prices, but in the end everything stabilizes.

Most of all, the unprotected segments of the population, such as pensioners, will feel the consequences of rising inflation, since their pensions are often not high and they are not always enough even for the most necessary things.

If you have a business, then it seems to me that in this case you simply include price increases in the margin, but the most important thing is to remain competitive in the market.

[Xcode7]

Looking for extra income is not wrong at all for everyone who wants to overcome their difficulties in life, but if the extra income is always used up without anything left it will also be in vain in the end. Because this income also needs to be taken elsewhere, such as in savings or invested in several assets that have a high selling value. Whether it's into real estate or into crypto, in essence, you have to have initial savings so you can work on these two things. So whatever the current conditions are, saving is a very important thing in everyone's life and that is very much regardless of whatever conditions we are currently facing.

someone is looking for extra money because their income is not sufficient to meet their needs or desires and there is still time left or there is time outside so someone is looking for additional income, that is very good indeed but whether it is finished or not cannot be reached, of course everyone wants to have future savings / investments future, but not everyone can do that because of the demands of needs and desires that must be fulfilled.
I understand how this situation is because I've experienced it but everyone wants to get out of it and have money to save or invest.

I would also agree more if you told everyone to do business to fight inflation which may never end, although I don't think inflation will ever end because now there are several ways to deal with excessive inflation. One of them is by doing business so that you can get additional income in life and keep trying to turn money into new jobs that are seen as having the opportunity to get more results or money without sacrificing more capital or other existing businesses.

in fact, in this case the government of a country has a big influence on the policies made to keep the financial or economic stability of the community.
but apart from that we have responsibility for ourselves and we have to fight for ourselves to get out of the shortage.
doing business is a very right way or decision, I always agree with people who start a business, this is very good for current and future ma.

[Wildwest]

With the current state of emonomy, of course, people are already difficult to deal with inflation that occurs, because very many people are difficult to find work so that their lives will be more difficult, if our income is less then it will not be possible to save because daily needs alone are so difficult, but for those of us who already have a stable income, overcoming inflation is very suitable as you have explained, And most importantly, investing and saving is something we must do to deal with inflation in the future.

[Mario Yamasaki]

In my opinion, the best and most effective way to deal with inflation is to reduce consumption and unnecessary spending. Many people buy vegetables, fruit or meat and then store them in the refrigerator, and many vegetables or meat are thrown away because they are no longer suitable for consumption when stored in the refrigerator. The best thing is to buy vegetables or fruit and if you have a plan to cook.

[naira]

With the current state of emonomy, of course, people are already difficult to deal with inflation that occurs, because very many people are difficult to find work so that their lives will be more difficult, if our income is less then it will not be possible to save because daily needs alone are so difficult, but for those of us who already have a stable income, overcoming inflation is very suitable as you have explained, And most importantly, investing and saving is something we must do to deal with inflation in the future.

To be honest, people cannot avoid inflation, because the problem of inflation is a problem for the government, which adopted fiat from the start. The role of the community is only to accept every policy and when the impact of inflation swells, it is the community who first feels it. The way to minimize inflation for the people is to always have a supply of food sources, clothing staples, drinks, and farming. This means they are not dependent on the instant goods they can get. Therefore the management of natural resources is the main thing when the economic crisis hits.

[avp2306]

With the current state of emonomy, of course, people are already difficult to deal with inflation that occurs, because very many people are difficult to find work so that their lives will be more difficult, if our income is less then it will not be possible to save because daily needs alone are so difficult, but for those of us who already have a stable income, overcoming inflation is very suitable as you have explained, And most importantly, investing and saving is something we must do to deal with inflation in the future.

To be honest, people cannot avoid inflation, because the problem of inflation is a problem for the government, which adopted fiat from the start. The role of the community is only to accept every policy and when the impact of inflation swells, it is the community who first feels it. The way to minimize inflation for the people is to always have a supply of food sources, clothing staples, drinks, and farming. This means they are not dependent on the instant goods they can get. Therefore the management of natural resources is the main thing when the economic crisis hits.

This is long time problem in a country which government cannot be solve but they can do something so that their citizens cannot feel those things heavily. But sometimes the government in some part of the country is the main cause on why the inflation rise up since corruption is so rampant there. Maybe the least thing people can do with this situation is to find multiple income stream so that they may have more money to use upon buying their basic needs.

[Fesatmas]

This is long time problem in a country which government cannot be solve but they can do something so that their citizens cannot feel those things heavily. But sometimes the government in some part of the country is the main cause on why the inflation rise up since corruption is so rampant there. Maybe the least thing people can do with this situation is to find multiple income stream so that they may have more money to use upon buying their basic needs.

It is important for the government to take appropriate action regarding this issue, maintaining price stability so that inflation is not excessive, because if it occurs it will have a very negative impact on the economy and people's lives. Government actions that loosen monetary policy such as lowering interest rates at banks can encourage credit growth and increase the money supply. If the increase in the money supply is not matched by comparable economic growth, inflation will occur. The government has an obligation to always be careful in making decisions, therefore it is important for the government to pay attention to price stability in making economic decisions. Saving money, saving money, looking for additional income and starting to consume domestic products is one of the ways for people to survive in the midst of ongoing inflation.

[wajik-tempe]

I think inflation that occurs is something we have to pay attention to, many people are poor because of inflation so anticipating inflation is a smart move, and I think the best thing when we want to overcome inflation is to increase our income so that we have financial security.

I believe that inflation may be harmful to individuals, especially those with modest financial resources. Anticipating and tackling inflation is a wise strategy for financial stability. While raising income is an important part of controlling inflation, other elements that might help to financial stability must also be considered. Inflation can cause growing living costs, making efficient budgeting and spending management essential. Developing a realistic budget that accounts for necessary costs, savings, and investments can assist individuals in staying on track and adjusting their spending patterns in reaction to inflation.

[Unbunplease]

In my opinion, the best and most effective way to deal with inflation is to reduce consumption and unnecessary spending. Many people buy vegetables, fruit or meat and then store them in the refrigerator, and many vegetables or meat are thrown away because they are no longer suitable for consumption when stored in the refrigerator. The best thing is to buy vegetables or fruit and if you have a plan to cook.

In this case, you can just buy ready-made deep-frozen foods. It's quite effective. That's what I do. And they cook pretty good now. And you have to eat less )) But otherwise, I agree with you. Just need to prohibit yourself from buying something that is likely to come in handy once or twice in your life.

[Theones]

In my opinion, the best and most effective way to deal with inflation is to reduce consumption and unnecessary spending. Many people buy vegetables, fruit or meat and then store them in the refrigerator, and many vegetables or meat are thrown away because they are no longer suitable for consumption when stored in the refrigerator. The best thing is to buy vegetables or fruit and if you have a plan to cook.

In this case, you can just buy ready-made deep-frozen foods. It's quite effective. That's what I do. And they cook pretty good now. And you have to eat less )) But otherwise, I agree with you. Just need to prohibit yourself from buying something that is likely to come in handy once or twice in your life.

Inflation is not going to end and the only way to get rid of it to earn as much as you could this will help you alot
rather than making complaint all the time the best apporach is make more money.

[umbara ardian]

At the present time, instead of complaining about the problems and inflation that they are causing, we should focus on other things to better improve our lives. Inflation is something that no one wants to happen to their country, but when it does appear, at least accept it, so don't have a too negative view of this issue. Instead, focus and try to find some extra work to improve your salary. In addition, this is also an opportunity for you to improve your spending and time management skills when the cost of materials increases.