“Economists typically define hyperinflation as a month-on-month increase of 50% or more. We’re currently experiencing an uncomfortable but fairly normal inflationary cycle.”
Review your budget (create one if you don’t have one) to ensure you know how much money you’ll need every month.
Once you have a budget and a clearer picture of your situation, focus on tackling your debt.
While it may seem challenging to find extra money when your budget is already stretched, start by setting aside whatever amount you can every month.
Diversifying where you save and invest your money is tried and true advice because it helps prepare for many scenarios.