11.2022 Hot Topic
"Far Easterner": What to do when inflation comes
Far Eastern Magazine / Editorial Room
I believe that many people have felt that everything is soaring and the pressure of life is rising. How can they increase their income and reduce their expenditure to maintain their living surplus? Come and see what financial experts and money savers in the group say?
I
In the era of inflation, we should face up to the importance of financial management, and share our personal financial concept as follows:
Clarify personal assets and liabilities. If there are debts with high interest rates, they should be repaid as soon as possible, so as to launch investment and financial planning.
Develop the habit of keeping accounts and master the whereabouts of money. It is suggested to divide consumption into "fixed" and "non fixed" categories. Think clearly about "need" or "want" before consumption.
Insurance is very important, but it is mainly to deal with emergencies. It needs a large amount of money temporarily and should not be complicated.
Prepare an emergency fund for yourself, which is about 3 months, half a year or one year's living expenses.
If you use credit cards sparingly, you can earn some rewards, but you should pay the card fee in full every installment, otherwise the revolving interest rate is terrible.
Making good use of the tax saving items of the comprehensive income tax, such as the deduction of dependent relatives and the deduction of the interest on the loan for the purchase of houses for self use, can save a lot of taxes. (Ding&Ding Management Consultants/Liu Dingwei)
[II]
As the saying goes, food is the most important thing for the people. Therefore, to fight against inflation, the first thing to do is to increase income and reduce expenditure - "eat". Buy a lunch lunch every day, add protein and oil in the evening, and control the daily meal cost within NTD200. For female friends, it is about NTD100~150. If you can give up hand drinking, or reduce the number of drinks to less than 3 cups a week, and choose 0~3 minutes of sugar or sugar free black coffee, you can improve your work efficiency and take health and enjoyment into account.
In addition, we recommend you to buy discounted food after 5:00 every day in supermarkets/supermarkets as breakfast for the next day. You can also try to participate in free day reading activities on weekends. In addition to increasing human knowledge and quality conservation, it can also improve parent-child and interpersonal relationships, and achieve the purpose of sports. It is better to develop the habit of bookkeeping, and check whether there are unnecessary expenses or repeated purchases from time to time, so that the money saved can be more effectively planned and used. (Far Eastern Memorial Hospital/Wu Yishan)
III
In recent years, the prices of various raw materials and necessities have been rising, but the increase in salary is far from the rate of inflation. I can only try to increase income and reduce expenditure. The following ways to share individuals:
Open source method 1: children apply for school loans for their tuition fees, and deposit interest in the form of monthly fixed deposit to prepare for future loan repayment.
Open source method 2: sell idle second-hand goods or new goods on the Internet to increase the source of income.
Open source method 3: Collect the recyclables from home or neighbors and reorganize them for sale to increase income.
Throttling method 1: For daily necessities, for items with a long service life (such as toilet paper), purchase half a year or one year at a time, and reduce the purchase cost with the concept of group purchase.
Throttling method 2: merge with family members living nearby to reduce waste. (FE SOGO Department stores/Wu Yuting)
IV
Tainan's famous snack "Ao salty porridge" has recently announced an increase, with one of its porridge products rising from NTD200 to NTD260. Seeing this news, I believe we all feel that the pressure of life is rising, and the money is becoming less and less. We must be careful. For example, the dessert area of the supermarket often introduces all kinds of new products, which is irresistible. However, if you are careful, you may find that there are also some desserts on sale in the corner. Although they are instant products, if you eat them early, the taste will not be affected at all. It can not only save money, but also enjoy delicious food and feel the small happiness of life.
In addition, the fuel money of commuters' locomotives and minibuses can also be saved. If self-service refueling can be used, the fuel cost can be offset. Although the amount is small, the long-term accumulation is also a considerable cost. (Far Eastern New Century Corporation/Ye Yongjian)
V
In the face of the problem of "inflation", I have responded to the ever-changing situation by planning the classified procurement of all necessities as early as possible. In addition to always paying attention to the special prices and promotional messages of online e-commerce, stores or department stores, I also pay attention to the promotional products of physical stores from time to time, and seize the opportunity to buy, so as to save money. In addition, before purchasing any items, we should also make rational analysis, and we should not buy unnecessary items to satisfy the temporary material desire. (Yuan Ze University/Lu Weiqian)
VI
In recent years, affected by the epidemic, coupled with political factors such as the shipping port and the Ukrainian Russian war, inflation has become more and more serious. In terms of the most basic meals, NTD50 used to be able to buy one main course and three side dishes. Now it is no longer seen. Although the government has constantly adjusted the basic salary, for most workers, the salary is higher than the basic salary, so it has not benefited, On the contrary, it raises the operating costs of ordinary stores, leading to an increase in the overall selling price.
In the era of great inflation, in addition to focusing more on my own skills to ensure stable income, I also actively read books related to investment and finance to learn how to earn passive income and prepare for the future. (Chiahui Power Corporation Li Yunyu)
VII
Facing the impact of inflation and epidemic, people's life pressure is increasing day by day. How to maintain a living surplus? I recommend the following:
1. Choose low-cost travel mode and walk as far as possible, which can not only save transportation costs, but also exercise, low carbon and environmental protection.
2. Don't shop blindly. Avoid impulsive consumption. You can buy necessities at discount stores.
3. Try to use free resources as much as possible. For example, books that are not used very often should be borrowed from the library rather than bought online.
4. Reduce the frequency of eating out and try to cook at home, which is hygienic and healthy. (Jiangxi Yadong Cement/Luo Lifang)
VIII
In the era when everything was rising, the "chicken chops", one of the national snacks, rose to NTD70 from NTD65 last year; This year, due to the increase of raw materials, it was increased to NTD80 per piece, up 23%, which makes people sigh that the purchasing power of money has been greatly reduced. How to save every penny has become the primary goal of individuals and families. For the three meals of small families, it is recommended to focus on the large portion packaging of mass merchandisers. Although the amount of one-time expenditure is relatively large, the unit cost is relatively low. For daily necessities and household appliances, we should consider whether the functions of existing goods can be replaced? Whether it can be used for a long time or increase the convenience of life after purchase. Previously, as long as I liked it, I would buy it arbitrarily, but later I often regretted it; Now, after slowly learning how to spend money on the knife edge, I find that the quality of life has not declined, and my mood is more contented. (Far Eastern Group Joint Audit Headquarters/Chen Yuanyi)
I
In the era of inflation, we should face up to the importance of financial management, and share our personal financial concept as follows:
Clarify personal assets and liabilities. If there are debts with high interest rates, they should be repaid as soon as possible, so as to launch investment and financial planning.
Develop the habit of keeping accounts and master the whereabouts of money. It is suggested to divide consumption into "fixed" and "non fixed" categories. Think clearly about "need" or "want" before consumption.
Insurance is very important, but it is mainly to deal with emergencies. It needs a large amount of money temporarily and should not be complicated.
Prepare an emergency fund for yourself, which is about 3 months, half a year or one year's living expenses.
If you use credit cards sparingly, you can earn some rewards, but you should pay the card fee in full every installment, otherwise the revolving interest rate is terrible.
Making good use of the tax saving items of the comprehensive income tax, such as the deduction of dependent relatives and the deduction of the interest on the loan for the purchase of houses for self use, can save a lot of taxes. (Ding&Ding Management Consultants/Liu Dingwei)
[II]
As the saying goes, food is the most important thing for the people. Therefore, to fight against inflation, the first thing to do is to increase income and reduce expenditure - "eat". Buy a lunch lunch every day, add protein and oil in the evening, and control the daily meal cost within NTD200. For female friends, it is about NTD100~150. If you can give up hand drinking, or reduce the number of drinks to less than 3 cups a week, and choose 0~3 minutes of sugar or sugar free black coffee, you can improve your work efficiency and take health and enjoyment into account.
In addition, we recommend you to buy discounted food after 5:00 every day in supermarkets/supermarkets as breakfast for the next day. You can also try to participate in free day reading activities on weekends. In addition to increasing human knowledge and quality conservation, it can also improve parent-child and interpersonal relationships, and achieve the purpose of sports. It is better to develop the habit of bookkeeping, and check whether there are unnecessary expenses or repeated purchases from time to time, so that the money saved can be more effectively planned and used. (Far Eastern Memorial Hospital/Wu Yishan)
III
In recent years, the prices of various raw materials and necessities have been rising, but the increase in salary is far from the rate of inflation. I can only try to increase income and reduce expenditure. The following ways to share individuals:
Open source method 1: children apply for school loans for their tuition fees, and deposit interest in the form of monthly fixed deposit to prepare for future loan repayment.
Open source method 2: sell idle second-hand goods or new goods on the Internet to increase the source of income.
Open source method 3: Collect the recyclables from home or neighbors and reorganize them for sale to increase income.
Throttling method 1: For daily necessities, for items with a long service life (such as toilet paper), purchase half a year or one year at a time, and reduce the purchase cost with the concept of group purchase.
Throttling method 2: merge with family members living nearby to reduce waste. (FE SOGO Department stores/Wu Yuting)
IV
Tainan's famous snack "Ao salty porridge" has recently announced an increase, with one of its porridge products rising from NTD200 to NTD260. Seeing this news, I believe we all feel that the pressure of life is rising, and the money is becoming less and less. We must be careful. For example, the dessert area of the supermarket often introduces all kinds of new products, which is irresistible. However, if you are careful, you may find that there are also some desserts on sale in the corner. Although they are instant products, if you eat them early, the taste will not be affected at all. It can not only save money, but also enjoy delicious food and feel the small happiness of life.
In addition, the fuel money of commuters' locomotives and minibuses can also be saved. If self-service refueling can be used, the fuel cost can be offset. Although the amount is small, the long-term accumulation is also a considerable cost. (Far Eastern New Century Corporation/Ye Yongjian)
V
In the face of the problem of "inflation", I have responded to the ever-changing situation by planning the classified procurement of all necessities as early as possible. In addition to always paying attention to the special prices and promotional messages of online e-commerce, stores or department stores, I also pay attention to the promotional products of physical stores from time to time, and seize the opportunity to buy, so as to save money. In addition, before purchasing any items, we should also make rational analysis, and we should not buy unnecessary items to satisfy the temporary material desire. (Yuan Ze University/Lu Weiqian)
VI
In recent years, affected by the epidemic, coupled with political factors such as the shipping port and the Ukrainian Russian war, inflation has become more and more serious. In terms of the most basic meals, NTD50 used to be able to buy one main course and three side dishes. Now it is no longer seen. Although the government has constantly adjusted the basic salary, for most workers, the salary is higher than the basic salary, so it has not benefited, On the contrary, it raises the operating costs of ordinary stores, leading to an increase in the overall selling price.
In the era of great inflation, in addition to focusing more on my own skills to ensure stable income, I also actively read books related to investment and finance to learn how to earn passive income and prepare for the future. (Chiahui Power Corporation Li Yunyu)
VII
Facing the impact of inflation and epidemic, people's life pressure is increasing day by day. How to maintain a living surplus? I recommend the following:
1. Choose low-cost travel mode and walk as far as possible, which can not only save transportation costs, but also exercise, low carbon and environmental protection.
2. Don't shop blindly. Avoid impulsive consumption. You can buy necessities at discount stores.
3. Try to use free resources as much as possible. For example, books that are not used very often should be borrowed from the library rather than bought online.
4. Reduce the frequency of eating out and try to cook at home, which is hygienic and healthy. (Jiangxi Yadong Cement/Luo Lifang)
VIII
In the era when everything was rising, the "chicken chops", one of the national snacks, rose to NTD70 from NTD65 last year; This year, due to the increase of raw materials, it was increased to NTD80 per piece, up 23%, which makes people sigh that the purchasing power of money has been greatly reduced. How to save every penny has become the primary goal of individuals and families. For the three meals of small families, it is recommended to focus on the large portion packaging of mass merchandisers. Although the amount of one-time expenditure is relatively large, the unit cost is relatively low. For daily necessities and household appliances, we should consider whether the functions of existing goods can be replaced? Whether it can be used for a long time or increase the convenience of life after purchase. Previously, as long as I liked it, I would buy it arbitrarily, but later I often regretted it; Now, after slowly learning how to spend money on the knife edge, I find that the quality of life has not declined, and my mood is more contented. (Far Eastern Group Joint Audit Headquarters/Chen Yuanyi)
