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Inflationship: A New Relationship Format in Times of Economic Instability
... themselves seeking roommates or partners for cohabitation.
Rising Prices for Groceries, Utilities, and Transportation
Living together enables substantial cost savings: bulk grocery purchases, shared utility bills, and transport costs.
Difficulty in Obtaining Mortgages and High Interest Rates
Many young couples opt to combine their finances to secure better mortgage terms or joint loans.
Savings on Entertainment and Travel
Couples can leverage joint subscriptions to services, purchase tickets at family rates,...
What is Inflation in Simple Terms: Understanding its Impact on Russian Lives
... 13%, making loans more expensive to reduce consumer demand and stabilize prices.
How Inflation Affects Daily Life
Reduced purchasing power:
People can afford fewer goods for the same amount of money. This is particularly challenging for fixed-income families, such as retirees or those whose salaries are not indexed.
Increased borrowing costs:
In inflationary conditions, central banks often raise interest rates. This makes loans and mortgages more expensive, affecting family budgets.
Decreased savings:
Savings in bank accounts lose value if the interest rate on deposits is lower than the inflation rate, reducing the real value of savings.
How to Protect Your Money from Inflation
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