[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 131 KB, 1280x720, 1682013307608.jpg [View same] [iqdb] [saucenao] [google]
54670681 No.54670681 [Reply] [Original]

Inflation rate is getting higher than my wage every year.

Can't save money anymore for doing investment.

/Biz/ I need financial advice to get out of this hell hole. I don't want to end up in a box, eating bugs and own nothing anymore. HELP!

>> No.54670741
File: 33 KB, 604x579, 1681618369977335.jpg [View same] [iqdb] [saucenao] [google]
54670741

>>54670681
Easiest solution, job hob to a better paying job.

Second minimize expenses

Third try to get your biggest expenses fixed. If you buy a home you don't have to worry about rent increases. If you drive an old car and you can do the repairs yourself you don't have to worry about car payments.

If you have savings at this moment make sure you get some intrest. Low risk are bonds, high risk is investing in assets that are good against inflation.

I don't know your living situation but sharing costs with roommates can sometimes also be an easy fix.

Godspeed anon

>> No.54672054
File: 48 KB, 498x573, CxzC6WEAUK0nd.jpg [View same] [iqdb] [saucenao] [google]
54672054

>>54670681
How much do you earn and what are your expenses?

>> No.54672102

Gas prices crashing my wallet with no survivors.