Augusta
VIP Contributor
It seems inflation is a global thing now as there's increase in the prices of goods and services in the country When price level of commodities rises then money will buy fewer things which means one needs more money to buy additional things . So even saving money become difficult. So at this point it is to make conscious efforts to save money or else one can go broke easily. So how can you still save money even with high inflation.
Start by having a budget for savings. You need to conciously have a plan to save
Then Set spending amount per time and stick to it. This will help you save money
Go ahead to focus on paying down debt. It is good to pay your debt now as money would have less value at this time.
Reduce the energy bills: With the rising of price. Try to cut down utilities bills to save money
Go for cheaper alternatives; Stop trying to buy items with high price go for it's cheaper alternative to save money.
Start by having a budget for savings. You need to conciously have a plan to save
Then Set spending amount per time and stick to it. This will help you save money
Go ahead to focus on paying down debt. It is good to pay your debt now as money would have less value at this time.
Reduce the energy bills: With the rising of price. Try to cut down utilities bills to save money
Go for cheaper alternatives; Stop trying to buy items with high price go for it's cheaper alternative to save money.