invisible inflation is eating away our finances everyday

In recent years we have seen inflation or food related items have not been witnessed a pace in rising prices, as we are not taking it indirectly.

Invisible inflation doesnot shows its impact directly whereas it reflects its impact by the means of related goods and via our lifestyle means. in our early 20s to 30s ,we exibit a turning change in the lifestyle which comes out to be our preferences and choices, likes and dislikes, premium and inferior.
all these things works together to hit our finances.

few years back, if a normal earning family plans to go out on dinner and they usually do it twice or thrice a month, they use to spend around 4000-6000, but the same scenario in today's time lets the time gap be 4 years, it costs around 10000-12000. have we witnessed these change, A BIG NO.

Because as the time passes, some of us changed our preferences from public transport to cabs, searching for new destinations every week for party and outings and all. Have we looked into the percentage change, it is around 25% every year but still we are not ready with our planning to tackle with our budget deficit.

Lets take example of telecom company, call rates and data charges are decreasing day by day but still our spending on these are increasing instread.As the no. of users in a family is increased and internet and mobile became a necessity.

its a time to match our investment to our goals, spending on unnecessary things should be controlled, stick to the budget, plan earning via different sources to fulfill the expenses on different spaces.


By,
saket kumar singh( Founder)
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