Tag Archive for: How to buy Bitcoin

How to Save Money During Inflation in the UK

Many countries are struggling against inflation. The official government consumer price index has risen to 10.1% (Sept 2022) in the UK over the last year. In reality, CPI is probably double the official figure as many items have seen much more significant rises. This is a direct result of quantitative easing and the low-interest-rate policies pursued by governments and central banks to provide a short-term stimulus to the economy while simultaneously stealing the savings from the working poor.

How to save money during inflation in the UK is the critical question for those who want to ensure they have enough money whenever there’s an economic shock and what can be done right now during this time of widespread government created high inflation.

The only long-term answer for many people will be carefully saving money and investing in assets outside the ‘banking system’ with a strong history of preserving value or delivering returns even when economies are weak, inflation is high or both, such as gold and silver or Bitcoin.

In the short term, options are available to ensure that you have enough money in your wallet to act as a buffer against this rising inflation.

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Thriving in Tough Times: Expert Strategies for Saving Money During a Recession

Recessions can be challenging times, with job losses, reduced income, and financial uncertainty affecting many people. As a  personal finance savy hobby writer, I have gathered expert strategies to help you save money and navigate financial challenges during a recession. In this article, we will explore practical tips and advice to make the most of your resources and protect your financial well-being during tough economic times.

For many in the modern world, this is a seemingly new phenomenon – recession. A time when goods and are scarce, and investment opportunities are few. To protect yourself during this time, you must know how to invest wisely and protect your purchasing power with other investments outside the failing fiat banking system.

Because of the importance of understanding what to invest in, we will first look at the principles that make up an investment strategy and how to evaluate one. Then we will look at how to save money during a recession and alternatives outside the banking system. After that, we will discuss hedging against the recession and how to pay down debt.

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