Good-Guy
VIP Contributor
The amount of money you save depends on the place you live. There are certain countries in the world where inflation rate is very high, but there is no source of income. This is why many people are suffering in certain countries because this is one of the main causes of poverty. Moreover, the ratio and percentage of unemployment also plays a really big role. Some countries have a really high inflation rate, but the amount of income people earn in there is massive and the unemployment rate is also quite low in those country. So things are quite balanced in each and every country.
I live in a kind of a place where inflation rate is insanely high and people do not have a source of income. However, rich people in my country are living a quite luxurious life because they have the ability to survive. Apart from that, one of the main aspects of living in such country is saving money. If you live in a country where inflation is quite high, you will have a much harder time saving money if you do not have a stable monthly income. So, how to save money in a country where inflation rate is very high?
I live in a kind of a place where inflation rate is insanely high and people do not have a source of income. However, rich people in my country are living a quite luxurious life because they have the ability to survive. Apart from that, one of the main aspects of living in such country is saving money. If you live in a country where inflation is quite high, you will have a much harder time saving money if you do not have a stable monthly income. So, how to save money in a country where inflation rate is very high?