how to make your money last longer in a high inflation environment …

in this high inflation environment where the cost of everything from groceries , housing , fuel , transportation is increasing , the inflation is running at 40 year highs , how do you save money ?

here are some ways

switch jobs or ask for a raise

figure out your personal inflation rate – do you take public transport , are you a vegetarian – then your personal inflation will be lesser than someone who is a non – vegetarian and takes their own car to work

if you have an inflation protected instrument in your country , use it – the interest rate depends on the inflation rate

cut down on your discretionary expenses – your non essentials – like going out , dining out

Leave a Reply