Living through times of high inflation can be challenging and can have a negative impact on a person. Inflation can be lived with, but it may take work.
In general, coping strategies revolve around finding ways to reduce expenses and to increase income if possible.
Dealing with inflation may involve:
(1) doing without
(2) doing it yourself
(3) switching to cheaper alternatives
(4) buying in bulk
(5) planning in advance and sticking to it
(6) joining a purchasing group
(7) using coupons
(8) hedging
(9) avoiding investments that lose value in inflation
(10) investing in assets that increase with inflation
(11) spending money as soon as possible
(12) putting off paying bills to the last minute
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