How would you fight inflation?

I think it was the prophet Nehemiah who fortified an entire city against invaders by assigning to each household it's own section of the wall, because--by himself--the city's king lacked the material and the manpower to do it for them. The enemy invading OUR 'city' is "lack" ("inflation" being one of the results of people not fortifying themselves against 'lack'). So what I do--in short--is fortify myself against lack. If I want something but that 'something' can only be gotten at a price higher than what I am willing to pay for it, I "make do" with what I have or -am willing to pay for.

Well, the best thing to do against inflation is by beating it. We have to beat inflation, else, the value of our hard earned money is eroded. Saving money in a bank or savings account only cannot itself beat the inflation. One has to invest in different investment instruments to have higher returns beating the inflation rate. There are a lot of instruments that have good returns higher than inflation. Look to invest in bonds and T-bills: http://expertscolumn.com/content/understanding-and-investing-bonds The stock market is an option: http://investinginphilippines.blogspot.com/2012/08/are-you-still-lost-at-stock.html There are a lot of ways to beat inflation. Just be sure that your investment has higher returns compared to the inflation rate.

Personally, i just have to fight it on my own, since the government doesn't care about me as a low income earner that need to pay ever rising higher price on goods and services every month and year. I drive less, and eat less, try my best to buy only on sales items, and cut down on my grocery list and trip. I even have to work extre hour beyond the normal 8 hours work day in order to earn a little more to pay for the rising food and gasoline prices. It is all about survival and avoid becoming homeless and go hungry, that i have to resort to all these necessary steps during inflation to counter the never ending rising price on goods and services.

You really have to write down all items of expenditure for at least a month and then decide what can be cut from the list. Try and save even a little money from each pay check that you do not spend. Cut out coupons, buy only when there is a sale, shop around to get the best price, always ask for a discount and most of all - live on what is earned. Do not get into debt for every day living expenses. Check out all Charity shops for used items of good quality. Check online for cheaper meals or ideas for cheaper meals for the family. Cut down on cleaning products - not necessary. Check online in how to make detergent etc. Cut down on usage of disposable things like paper towels. Dry washing outside if possible and if using a washing machine then wash in cold water only. There are numerous things you can do without sacrificing the health of yourself and your family. Gas is a big expenditure and make a plan of where you are driving to or plan your route to do more than one task on the road. Finally, engage the cooperation of all family members to help you. Best of luck

Being a college student in the United States right now, I don't have any money to invest (rather, I have a mountain of debt to pay off). However, once I do have money to invest, one way I will fight inflation and help diversify my portfolio is to invest in Treasury Inflation-Protected Securites, or TIPS for short. They adjust the amount you get paid by the bond based on the CPI (Consumer Price Index), ensuring that you always get a real return (an increase in purchasing power). Of course, in times of deflation, the bond would go down, but that would be a risk I'd be willing to take.

well first of all I try to earn more, because I don't believe in degrading your standard of living unless its absolutely necessary. If this proves to be impossible than its time to make a list of materialistic priorities in my life and see what is at the bottom. Whatever has the least value to me I either cut out or replace with some cheaper. I go up the list until I feel like I've cut down on enough expenses to where I can afford my standard of living.

Well one of my method of fighting inflation is doing my hair at home more and less salon, save more in the bank, and I am also looking to see if I can finish college in less time .