Some of us can absorb punishment and keep moving forward, be it physical danger or emotional trauma, while others suffer under the weight of fear. These people revel in these circumstances and one of them was kind enough to share their wisdom when it comes to economic hardship.
One such character shared their secrets to staying ahead of the curve on consumer prices, posting a short description of the mentality that helped them overcome inflations, recessions, and crises.
Here are some wisdom nuggets on fighting back against price hikes, inflation, and hardship.
Related Post: 16 Ways to Save Money and Fight Inflation
1. Fool Me Once, Shame on Me
This kind of person welcomes a challenge, especially one where things become too expensive. The original poster’s philosophy is that once mainstream consumers consider an item is overpriced, this presents an opportunity to hack the system and never pay for that item again.
Better still, the poster explained that their philosophy has intensified of late. They now use their indignation at unreasonable prices to motivate them never to pay for those products again.
2. Bidets Forever
For example, when toilet paper madness hit supermarkets across the pandemic world, this hero put bidets in each bathroom. Now, they haven’t bought any for two years.
3. Chickens Coming Home to Roost
Furthermore, with egg prices fast catching up with that of meat, what did our humble poster do? They build chicken coups in their yard and no longer pay for eggs.
4. Cut Out The Driving if You Can
Even when the gasoline apocalypse struck last year, there was one easy solution — buy a bicycle and get a remote job.
5. Netflix, Schmetflix
Moreover, when Netflix raised its prices and disposed of the sharing privileges, this fiscal freedom fighter bought a DVD player, scouring garage sales and pawn shops for offers.
6. My Lemons, My Lemonade
Perhaps the funniest part of the thread is the adage about making lemonade from lemons that they grew themselves — of course!
7. Use The Library
Libraries lend books, DVDs, and video games in some cases. Suggestions about using the library were loud, and someone even said their library rents out baking pans; others even said their library lends out kayaks! I am guessing it was near some water. Some of the things listed at other libraries were mindblowing: passes for state parks, tech equipment, and museum entry cards.
8. Eat In
People in Continental Europe love to eat al fresco when the weather is good. However, eating takeout has grown in the USA, especially in the wake of the new food delivery revolution. However, eating in can be cheaper than this; all one needs to do is plan meals and buy more groceries.
9. Switching Subscriptions
Commenters stated it isn’t worth having several TV subscriptions running concurrently when you may use one more. A solution is to keep canceling subscriptions each month until you know there is something you want to see, then renew for the month only.
Related Reading: 18 0f the Best Free Movies Online Sites
10. Suck it Up, Buttercup
Some might say all this hard saving sounds impossible, while others may bristle at the idea of dropping their living standards. However, life can be great if you don’t let the stigma of frugal living get to you.
So, when the economy is on a slippery slope, we must remember that not everything is defeated. When life gives you lemons, remember life probably won’t give you lemons. Grow your own instead!
This article originally appeared on The Cents of Money.
This thread inspired this post.