Over time in the past few years, business adjusted prices and even industries reviewed salary structures, countries increased minimum wage to meet up the demand of the economy due to inflation rates. But within the past few months the inflation rate seems NOT to be on the constant rise and increase as was seen sometime ago. Though it is not stable but there seems to be some forms of little price drops and stabilities in the local markets . This in a way has help some people get extra money because the drops had directly affected disposable income to increase. Making people to spend more than what they are used to spending before due to the economy.
The best thing to be done now is to realise this fact and save any extra cash instead of spending unnecessarily. Instead of increasing your purchases because of your increased disposable income, it is better you increase your savings. Boost it as much as you can because you donot know gow the inflation rate would turn out in the next few months to come.
Saving is good, but save more than spend depends on what your income is, as human beings we have needs and wants and some people really don't know the differences, so I will say when your needs is more than your income, to save will be very difficult, in that case I will advise not just to save but save to invest so that at the end of day you will be in profit.
you know there are some certain people who does not remember to have a reserve the money in anything they are doing and they believe that if they have the opportunity of making money today that tomorrow the money will continue coming, so that's it's not how nature being done in anything that has to do with the money, because money is very difficult to get but very easy to spend and if you miss calculate how you spend money it will lead you to go back to square one, so therefore it is good to have a reserve that will reinforce you whenever there is no availability of money in your hand, so anyone that is working supposed to have a deserve the money that it will use to establish another thing that will bring income
