Home About Us Services MF Tools Research Blog Contact Us CLIENT LOGIN Search … How to Tackle Inflation? And Protect Your Money Blog / By Imperial Money / September 27, 2022 / 5 Tips for Protecting Your Finances From Inflation, How to protect your money during inflation, How to save more when inflation is Archives high, What is Inflation? September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 December 2021 November 2021 October 2021 September 2021 Inflation is when the prices of goods and services increase, and it’s a problem that can have July 2021 a big impact on your finances. India’s inflation rate increased from September 2021, when it was 4.35%, to January 2022, when it was 6.01%. June 2021 May 2021 This growth is about 50%. If it explodes beyond control, inflation ruins value for everyone. April 2021 Debt rates of return in an environment of rising inflation are scientifically shown to be unappealing, but there is a slanted connection between inflation and equity returns. February 2021 November 2020 October 2020 To Beat Inflation, Download Imperial September 2020 Money App Now- August 2020 July 2020 https://play.google.com/store/apps/details? June 2020 id=com.iw.imperialmoney March 2020 February 2020 January 2020 You can take a few steps to secure your funds December 2019 from inflation, Here are some tips:- October 2019 September 2019 1. Make sure you’re investing your money in the right places. November 2018 2. Protect your savings by using a savings account or investing in low-risk assets. 3. You won’t have to struggle to keep up with rising costs if you live within your means. July 2018 4. Be prepared for price hikes by stocking up on essential items when they’re available at a discount. Recent Posts What Is Inflation? How to Tackle Inflation? And Protect Your Money Inflation is the increase in the prices of goods and services in an economy over a period of How to Select Mutual time. It’s caused by a variety of factors, including a rise in the cost of goods, increased Funds if You are a Beginner demand, and currency depreciation. 5 Biggest Financial Mistakes Young Parents When prices rise, your money buys less and less. Inflation can have a serious impact on your quality of life, so it’s important to take steps to protect your money. One way to do that Make is by investing in assets that are likely to hold their value or even increase in value during 5 Bad Habits You Need To times of inflation. Change To Improve Your Finances. Power of Compounding in How Does Inflation Affect Your Money? Mutual Fund Inflation is the enemy of your money. It’s what steadily eats away at your savings and, over time, can really add up. The key to protecting your money against inflation is to invest it in things that will maintain their value over time. This could be things like mutual funds, property, gold, or stocks and shares in stable companies. But it’s not just about investing your money—you also need to be smart about how you use it. For example, if you have a credit card, try to pay off as much of the balance as possible each month. This will help you avoid paying interest, which will only increase as inflation rises. How to Save Money During Inflation? So, you want to save money during inflation? Here are some pointers to get you going: Invest in things that will most likely increase in value. Look for deals on essential items, such as food and clothing. Make use of price controls where available. Consider holding some of your money in hard assets such as gold or silver. Investing During Inflation When it comes to inflation, you need to be smart about how you invest your money? Here are some pointers for staying up to date:- Think about investing in assets that are going to hold their value. Precious metals like gold and silver are always a safe bet. Try to keep your money in short-term investments so you can take advantage of rising prices. Make sure you’re diversified so if one investment falls short, you still have others that are doing well. And finally, always consult with a financial advisor to get professional advice tailored specifically to your situation. Real Estate and Inflation When it comes to inflation, your best bet is to invest in real estate. Unlike stocks or bonds, real estate is a tangible asset that can’t be devalued by inflation. In fact, during times of high inflation, real estate tends to go up in value. What are the steps involved in investing in real estate? It’s not as difficult as you might imagine. You can start by looking for properties that are priced below market value. These are called “fixer-uppers.” You can also invest in real estate crowdfunding, which is a way to pool your money with other investors and invest in a property together. This is a great way to get started if you’re not quite sure how to invest in real estate on your own. Here are few 5 Tips to Help You Tackle Inflation:- 1. Stick to a budget. 2. Invest your money wisely. 3. Stay ahead of the curve. 4. Shop around for the best deals. 5. Use cash whenever possible. Conclusion Inflation is a natural occurrence in any economy, but that doesn’t mean it isn’t a problem when it starts to affect your finances. Luckily, there are things you can do to protect your money and even take advantage of inflation. Contact Us: 9595889988 Email Us: [email protected] Follow Us: https://www.facebook.com/imperialfin/ Follow US: https://in.linkedin.com/company/imperialmoney Download App: https://play.google.com/store/apps/details?id=com.iw.imperialmoney Subscribe to YouTube Channel: https://www.youtube.com/c/IMPERIALMONEY ← Previous Post Quick Links Our Services Get In Touch Client Login Tax Savings 302, Royal Vista, Opp. Dhantoli A company with high customer satisfaction rate Garden Main Gate, Dhantoli, MF Tools Mutual Funds since mid 2011, Imperial Money had engaged in Nagpur - 440012 providing comprehensive Financial distribution Downloads Insurance (+91) 9595 8899 88 services to individuals. We help you to make smart Blog Equity Investment investment choices with your money to get (0712) 2454477 optimum returns. Market Updates [email protected] Financial Calculators Imperial Money Pvt. Ltd. makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Unless otherwise specified, all returns, expense ratio, NAV, etc are historical and for illustrative purposes only. Future will vary greatly and depends on personal and market circumstances. The information provided by our blog is educational only and is not investment or tax advice. Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance. Terms and conditions of the website/app are applicable. Privacy policy of the website is applicable. Copyright 2021 IMPERIAL MONEY Disclaimer | Disclosure | Privacy Policy | T & C.
Enter the password to open this PDF file:
-
-
-
-
-
-
-
-
-
-
-
-