Inflation is biting really hard - how are you’ll planning to deal with it?

[Mr Positive]

Many countries and probably yours too has seen inflation creep upwards so what strategies are you planning to deal with it? Please don’t say there’s no inflation in your country I’ll be dam jealous

 

[Venusaur]

in my country inflation is under control, but I'm currently in Argentina for a few months, things are terrible, if they get worse, I will go back into my pokeball

 

[Salamouna]

I will rise my prices too

 

[deppo]

Inflation is no problem if you have assets whose prices are going up. It becomes a problem if you only have savings.

 

[hichamixico]

The simple way out is to have multiple sources of income.

 

[CreativeDaddy]

Moving to the country side where I have a property with 1gpbs internet connection now, plant my own stuff (things are expensive at supermarket) and living with my online earnings. I'm not supporting this inflation thing that happen because of some greedy fucks on the other side of the world.

 

[Mr Positive]

in my country inflation is under control, but I'm currently in Argentina for a few months, things are terrible, if they get worse, I will go back into my pokeball

Dam I hope things turn out well you soon

I will rise my prices too

But will customers continue to pay inflation will bite them too won’t it?

The simple way out is to have multiple sources of income.

Very true i again went to survey sites to see for extra cash lol, but they’re bad and time consuming. With AI doing almost everything I’m stuck figuring where to earn more on the sides.

Moving to the country side where I have a property with 1gpbs internet connection now, plant my own stuff (things are expensive at supermarket) and living with my online earnings. I'm not supporting this inflation thing that happen because of some greedy fucks on the other side of the world.

You’re lucky because this is one of the best plans one can have and for now I’m praying the situation eases for all asap

 

[Temperrrrr]

Many countries and probably yours too has seen inflation creep upwards so what strategies are you planning to deal with it? Please don’t say there’s no inflation in your country I’ll be dam jealous

Honestly the only real hedge against inflation now is increasing income.

Feels like saving money the traditional way just gets you left behind faster every year

 

[SiteFame]

At this point I just treat inflation like a background debuff permanently attached to adulthood, so I’ve been focusing more on increasing income streams instead of only trying to save harder. Cutting unnecessary subscriptions, cooking more, and avoiding random dopamine purchases helped more than I expected, but honestly the biggest difference came from building skills that are still valuable online. Feels like the modern meta is basically “earn in stronger currencies if possible, and don’t let lifestyle inflation level up faster than your income.”

 

[AlHasa]

I haven't really noticed much of a difference, but I follow the golden rule of "more money in than out"

as far as adaptations to my business, raise prices and priorities higher income customers who are prone to impulsive, reckless and emotive spending.

 

[w184]

Our country is in very bad shape economically and the jobs aren't there. I now try to start sell some of my software versus the past times when I could just do my daily work and then put my time in OSS development. I guess I have to start play with the playbook's that left for me. Multiple income generating software are under development and I really hope those will land some food on my family's table. I'm so glad that I found this forum so maybe in some point I can get some feedback for my products and through that path to get even some passive income for my developed products.

 

[e-spider]

Here in my country we are known to be on top of the inflation rank in all of Europe since our politicians are just really bad and we have a shitty situation in the middle ... So i just try to cut costs in my business and add more income sources.

 

[Mr Positive]

Honestly the only real hedge against inflation now is increasing income.

Feels like saving money the traditional way just gets you left behind faster every year

100% totally agree

At this point I just treat inflation like a background debuff permanently attached to adulthood, so I’ve been focusing more on increasing income streams instead of only trying to save harder. Cutting unnecessary subscriptions, cooking more, and avoiding random dopamine purchases helped more than I expected, but honestly the biggest difference came from building skills that are still valuable online. Feels like the modern meta is basically “earn in stronger currencies if possible, and don’t let lifestyle inflation level up faster than your income.”

Solid steps and very practical

I haven't really noticed much of a difference, but I follow the golden rule of "more money in than out"

as far as adaptations to my business, raise prices and priorities higher income customers who are prone to impulsive, reckless and emotive spending.

Good for you as you’re ahead of inflation already

Our country is in very bad shape economically and the jobs aren't there. I now try to start sell some of my software versus the past times when I could just do my daily work and then put my time in OSS development. I guess I have to start play with the playbook's that left for me. Multiple income generating software are under development and I really hope those will land some food on my family's table. I'm so glad that I found this forum so maybe in some point I can get some feedback for my products and through that path to get even some passive income for my developed products.

This forum always helps stick around and keep trying

Here in my country we are known to be on top of the inflation rank in all of Europe since our politicians are just really bad and we have a shitty situation in the middle ... So i just try to cut costs in my business and add more income sources.

Dam hope you keep finding more ways to raise income

 

[w184]

100% totally agree

Solid steps and very practical

Good for you as you’re ahead of inflation already

This forum always helps stick around and keep trying

Dam hope you keep finding more ways to raise income

Thank you for encouragement! While I actually work mainly in completely different space, I challenged myself to go for the very crowded and noisy, full of blackbox products of Solana Pump.fun snipers, haha! But latest version has now been running 24h and we're easily on green even without external RPC (my code isn't machinegun but more like a real bolt action sniper rifle) A bit more finetuning on trailing and I think it's a keeper. Thinking about selling it as full-code so user can then turn the knobs as much as user wants and connect RPCs and Jito if needed. Still gathering hard data though!

 

[Webmasterzzz]

buy something that is not affected by inflation.

The best investment around the world that works in 99% of countries is buying real estate and the best place to buy is from your own home town as you have enough information about the area and value of neighborhoods and districts.

 

[NirvanaWolf]

buy something that is not affected by inflation.

The best investment around the world that works in 99% of countries is buying real estate and the best place to buy is from your own home town as you have enough information about the area and value of neighborhoods and districts.

How will real estate help you beat inflation? Unless it's an agricultural land and you plan on living off the land.

The only asset class that really beats inflation is the real money - Gold.

 

[Webmasterzzz]

How will real estate help you beat inflation? Unless it's an agricultural land and you plan on living off the land.

The only asset class that really beats inflation is the real money - Gold.

errr... because government cant print real estate?

 

[w184]

This is actually interesting topic, the gold that is. I think that while that will be a very solid asset to have - what you think about the future minerals that are worth investing? There is so much geopolitical stuff going on for holding the rarer minerals, they will rise hard (while doing so already).

 

[india]

Avoiding impulsive purchases. Buy only Whats needed. Most the income is spend in same month.