{"id":30868,"date":"2022-10-04T10:50:49","date_gmt":"2022-10-04T09:50:49","guid":{"rendered":"https:\/\/finmarie.com\/?p=30868"},"modified":"2022-10-31T12:00:00","modified_gmt":"2022-10-31T11:00:00","slug":"how-to-survive-the-impact-of-long-term-inflation","status":"publish","type":"post","link":"https:\/\/finmarie.com\/en\/how-to-survive-the-impact-of-long-term-inflation\/","title":{"rendered":"How to Survive the Impact of Long-Term Inflation"},"content":{"rendered":"\t\t
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Everything is getting more expensive.\u201d Many people probably know this sentence from their grandparents. In 2022, it is truer than it has been for a long time. This is reflected in many consumer goods. Oil, gas and grain prices are on the rise, thus e.g. petrol, energy and food costs.\u00a0<\/span><\/p>

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Many of us literally have to tighten our belts and ask ourselves: how do I survive against inflation? You may think that saving even more is impossible with your starting situation. But sometimes it’s not more money that’s needed, it’s just a change of mindset. We will show you how to do that.<\/span><\/p>

What higher inflation means and how to survive it\u00a0<\/span><\/h2>

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It is very important that you understand the actual economic situation. Therefore, we will briefly explain what inflation means. We speak of inflation when there is a broad increase in the price of goods and services (not just of individual items). In simple terms, it describes the loss of value of money. This means, in effect, that you can buy less with your money. Maybe you still earn the same temporarily, but the value of your salary decreases.<\/span><\/p>

Inflation: Prices on the Rise<\/span><\/strong><\/h3>

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The Federal Statistical Office measures inflation every month using a price index for 750 goods. The following products are included in the fictitious basket of goods:<\/span><\/p>

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