How are you coping with the global inflation?

[Immilash1]

It's not really easy at all. The best way I am planning to cope with the high rate of inflation around the world is to look for opportunities to earn more money for myself.

That's a good idea, that's th Best way to cope with it, one thing I don't really like about inflation is that if you save your money in banks it devalue your money.

 

[Skysaint]

That's true, jobs are getting harder to have, the economy is a mess, the question here is how can we get another income streams coming in, if you want to succeed you need to make income.

Without a very strong connection bud almost impossible to get a goo paying job around here and those that are lucky to have one, they have no increase my n salary regardless of the inflation thing.

 

[Mighty]

Honestly speaking It is very frustrating the rate at which inflation is growing . The prices of commodities are very high and the money in circulation does not have value anymore . it has lost its purchasing power.

 

[joy101]

It is very difficult the way price of things are going high we don't really think that things are going to be fine, everyday price of things are increasing every day by day price of goods is increasing.

 

[Joseph555]

The prices of commodities are very high and the money in circulation does not have value anymore
price of things are increasing every day by day price of goods is increasing.

 

[Immilash1]

Without a very strong connection bud almost impossible to get a goo paying job around here and those that are lucky to have one, they have no increase my n salary regardless of the inflation thing.

That's right, inflation is really bringing a lot of setbacks to many countries, that's why I don't really savey money is Bank, if you are good at saving your money in bank inflation will make your money devalue.

 

[Skysaint]

That's right, inflation is really bringing a lot of setbacks to many countries, that's why I don't really savey money is Bank, if you are good at saving your money in bank inflation will make your money devalue.

They won't even consider increasing the salaries paid to people or workers because of inflation and that's why people are finding it very difficult to survive with their jobs offline.

 

[AruneBend]

A lot of indicators are pointing at the fact that inflation is crippling a lot of economies. Businesses are nonow struggling to cope since inflation affects not only the purchasing power of buyers, but the profit margin of businesses. How have you navigated through this challenge?

We can't do anything about it, I know, many people are mad about it, but it's how it is it's not that bad but it depends on the country and stuff for example in my country inflation is pretty high I hope it will get better of course

 

[Immilash1]

They won't even consider increasing the salaries paid to people or workers because of inflation and that's why people are finding it very difficult to survive with their jobs offline.

Inflation is really bringing setbacks to most of the people, that's why I don't normally like to save my money in my local bank because Inflation is going to make your money devalue.

 

[Skysaint]

Inflation is really bringing setbacks to most of the people, that's why I don't normally like to save my money in my local bank because Inflation is going to make your money devalue.

I only put money in my offline bank when I really need to spend it offline but as for saving it there and doing nothing with it, I don't really think so. This is because you would sit and watch your money lose value.

 

[Agbalagbaa]

Inflation is not a good thing, but if you are working online you are going to like it especially if you are from my country, I know it sounds somehow but that's the truth.

 

[Immilash1]

Inflation is not a good thing, but if you are working online you are going to like it especially if you are from my country, I know it sounds somehow but that's the truth.

You are right with what you said, inflation will truly affect you if you are from a less previlage countries, that why I also don't save my money in my local bank I save them inside my trading account.

 

[Sotherefore]

Inflation is not a good thing, but if you are working online you are going to like it especially if you are from my country, I know it sounds somehow but that's the truth.

If you are earning in dollars and you have to convert it to your local currency to have a higher value , it will still be the same thing because the price of product are increasing almost on daily basis.

 

[Smiles20]

The most important thing to me right now is that I am not going to be investing into just anything that I say and so far so good I think it is working so as to preserve my liquidity.

 

[Agbalagbaa]

You are right with what you said, inflation will truly affect you if you are from a less previlage countries, that why I also don't save my money in my local bank I save them inside my trading account.

If you are good at doing that you'll lose all that you have, I'll advise you to find a way to invest your money, but keeping it inside your your bank will not be a good idea.

 

[Good-Person]

That's a good idea, that's th Best way to cope with it, one thing I don't really like about inflation is that if you save your money in banks it devalue your money.

Right now, I have made a really strict policy about not spending money unnecessarily. The policy that I have made is so strict that I shall really limit my expenditures now.

 

[Immilash1]

The most important thing to me right now is that I am not going to be investing into just anything that I say and so far so good I think it is working so as to preserve my liquidity.

I think if you are good at investing your money online this will not affect you especially if you are a forex trader this might very much help you, you cannot fear inflation.

 

[nana kwasi1]

Reduced sales volume is the result of having to raise product prices. Since our pay isn't increasing in line with the rise in the cost of goods and services, we do hope that things will return to normal soon.

 

[Kane]

I live in a developing world and work online. When I work online, I receive USD payment. Because of inflation., USD has high exchange rates in my home country. Therefore, even with a few bucks I can buy a lot of things here.

 

[Good-Person]

I live in a developing world and work online. When I work online, I receive USD payment. Because of inflation., USD has high exchange rates in my home country. Therefore, even with a few bucks I can buy a lot of things here.

I also receive payments through USD, but this does not mean that my life is a bed of roses. The fact remains that inflation is high and the price of USD is low in my country comparatively.