One of the definitions of inflation is an imbalance caused by the continued rise in price levels and in parallel with the fall in the purchasing power of money. In practice, it means that what we can buy today with the money we have, it may not be possible to buy tomorrow, that is, buying less with the same amount of money. To face this challenge we can use some strategies:
Strategies to increase the value of money
Seasonality of food
Each season of the year is suitable for growing a certain food. Causing food harvests specifics each season. Due to the volume of harvests happening at the same time, the price of products tends to fall. This is when we take the opportunity to by: Seasonal fruits! We also buy and preserve them for other seasons when the fruits are scarce, which is why they are more expensive.
Regionality of products
Each region has its own tradition of cultivation, industrial production and food consumption. We consume what is produced regionally, which leads to savings, since in regional production or cultivation, several costs such as transportation have been reduced. Imported goods and foods tend to have a higher cost.
Home budget
No less important is having control over consumption with a budget. This way, the moment the money is received, we already direct the purchase of the necessary items, considering that prices way may increase later.
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