Inflation Surge: How to Save Money During Inflation
Check your inventory and make a conscious shopping list. It can have as big an impact on your financial situation as getting a raise.
High inflation also brings down your tax on long-term capital gains which are eligible for indexation benefit.
To maintain purchasing power over the long term, determine the right assets for your investments, considering income, expenses, risk tolerance, and time.
Explore investment opportunities that are both safe and guaranteed to keep pace with inflation.
During high inflation, interest rates are generally increased to control the economy. So, it's best to consider paying off your debts first.
Even a tiny investment in terms of upskilling can help you get ahead in your career during inflation.