Effective way to survive during high inflation?

[Lens1000]

It is very important to look for ways at which you can survive during periods of high inflation . You can focus on increasing your streams of income through side hustles, freelance work or some other side jobs that would give you high amount of money.

Diversifying your investment portfolio is one of the ways you can mitigate the impact of inflation and you can diversify into assets like real estate, commodities and stock because this type of investment presented protection against the rising prices . You can also invest in inflation index bond because this would protect your funds against inflation.

 

[Axis]

There are literally so many ways an individual can survive a high inflation condition in the country he or she resides. There is absolutely no doubting the fact that high inflation in a country can make a poor masses to fill devastated and to feel hopeless or helpless especially if the government who are supposed to care about the citizen are not doing anything about the inflation situation. Possible ways to survive in a high inflation situation would be sourcing for more than one source of income. Thanks to the internet that this is obviously possible, there are so many online jobs from various online companies that exist abroad who are looking for workers like you and I even with little or not experience so as to take up various online jobs and get paid reasonably for it.

Only a few minority of individuals living in West Africa are venturing into this strategy of surviving in high inflation countries .