Contest| The Effect of Rising Inflation on Everyday Life

Hello, my friends. I welcome you all to my blog. I will be writing about this contest, which talks about ”Contest| The Effect of Rising Inflation on Everyday Life and I want to thank @deepak94 for this amazing contest

Rising inflation is affecting everyone in one way or the other, some times you will budget money for something very important but due to how everything is busy increasing in price, you will not be able to buy all the things you budgeted.

The Effect of Rising Inflation on Everyday Life

Before I start to list how rising inflation affects us in everyday life, I would like to define inflation.

Inflation can be seen or defined as a broad rise in the price of goods and services..

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It makes everything very expensive

Because of how everything is rising everything, it now makes it very difficult for me to buy anything for myself. For instance, a bag of sachet water was sold at the rate of 300 naira, but now one bag of sachet water is now 700naria. And I have been finding it very difficult.

It helps to reduce many people from dressing nice

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Things are really getting worse day by day before you will see a girl looking so beautiful because she would be changing clothes every day, but now the reviser is the case, the cost of everything is very expensive now due to inflection, and because of this people don't have money to be buying and changing dresses every time.

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Less 💰 money saving
Inflation has made me to be saving less money, because when I budget to spent 1000 naria a day, and save 1,000, but due to how everything is going high in price, I now save less money.

I want to invite @simonnwigwe @josepha and @bonaventure24 to also join this contest in this amazing community today.