Inflation

We all talk about inflation but I have never seen inflation as prominently as I am seeing it right now. In the last 2 months, I have seen prices of everything going up almost every week. I buy vegetables every Tuesday for my home. 2 months back I could buy all my required stuff in Rs 100 for week. And yesterday it was, Rs 200. Double in just 2 months. Tomato prices have gone up from Rs 10/KG to Rs20/KG, and so is the case with all other vegetables. :(

Thinking about all this, gives me goose bumps. I am sure this is temporary phenomena and prices will soon get stable, but till then, how to manage this extra burden on static budget! And I really wonder that it’s only we who are facing this problem (I mean Indians) or this is the situation everywhere. And then I realized (reading some news reports, articles) that this is prevailing situation at most of the places for now. :(

I hope inflation gets stable, and in the mean time I have to spend more time on beating inflation through more frugal living. Even if nothing seems to work, I have to stick to my principles:

1) Spend less then what you earn
2) Make a budget and track my expenditure to stay on budget
3) Be frugal while spending
4) Avoid any kind of debt

Stay calm and stick to what works for you. Rest all will be fine. :)