How to Avoid Hyperinflation: 20 Actionable Tips

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There are many possible threats to our financial system and livelihood. One of them is hyperinflation. This article will provide you with 20 tips about how to avoid hyperinflation and thrive financially.

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Pay Off Any Debt That Has Adjustable Interest Rates

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Think About Refinancing Your Mortgage (Look at the Consumer Price Index)

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Attempt to Decrease Transportation Expenses

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Avoid Buying Things Brand New

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Have a Backup Plan For All Major Appliances

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Invest In Tangible Assets

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Stock Up On Food and Household Supplies

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Eat As Many Meals At Home as Possible

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How to Avoid Hyperinflation: 20 Actionable Tips

There are many possible threats to our financial system and livelihood. One of them is hyperinflation. This article will provide you with 20 tips about how to avoid hyperinflation and thrive financially.

Pay Off Any Debt That Has Adjustable Interest Rates

1

Think About Refinancing Your Mortgage (Look at the Consumer Price Index)

With the US federal government dependent on debt it seems unlikely the federal reserve (our central bank) will choose higher interest rates anytime soon.

2

Attempt to Decrease Transportation Expenses

3

Avoid Buying Things Brand New

4

Have a Backup Plan For All Major Appliances

If rising inflation drives up the price of electricity, it is good to have alternative methods for all of your appliances, such as hanging clothes on a clothesline or washing dishes by hand.

5

Invest In Tangible Assets

When an economy falls into inflation and the value of currency decreases it would be prudent to consider buying silver or gold.

6

Stock Up On Food and Household Supplies

Inflation will cause the price of household supplies to increase. This will make it difficult to follow and stay within your normal budget. It’s best to trade your paper money for things that have some utility.

7

Eat As Many Meals At Home as Possible

Another way to save yourself during an inflationary environment is by eating as many meals at home as possible. This can be done either by purchasing food in bulk.

8

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