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Journal - Essay Example

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This means that I will not be in a position to afford what I used to buy in the past, for example, if I like eating chicken and its price hikes, I will have to look…
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Journal
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Journal

Download file to see previous pages... The inflation will force me to do away with these products. However, it will not affect the prices of all the products equally. Sometimes the prices of gas may rise and the value of a motor vehicle remains the same.
Another impact it will have on my life is that it will make me buy more products now instead of later because I will be aware that the cost of products will rise in future. However, for my case, I have no salary; therefore, my income neither increases nor reduces. This will mean that my buying power will still decline. I will be saving all my pocket money so that I can accumulate enough money to buy the clothes that I like. I will be very mean when it comes to spending money on unnecessary things such as alcohol, chocolates or perfumes. In fact, I will be living a very mean ...Download file to see next pagesRead More
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