Russian inflation

The government has failed to control inflation in the past few years, and as a result people have been paying the price for this. Russian economy is very unstable and people who are getting by on credit cards are no longer able to earn anything for their family.


The only reason it's rising to such an extent though is because of a number of reasons such as tax hikes they just made on some goods, people not being able to get a job due to a recession, and even more as a consequence of low employment (People don't want to work, we're struggling to make ends meet).


Russia's inflation started to drop last year, but then again this year it seems like nothing will be enough. We should all work as hard as we can to save money, save up to buy a house if you're unable to do that, take out loans when needed, and avoid taking things out too soon.


The government has recently made many changes, and to get back to where it was, it will take time. People need to cut down spending and start saving up in order to make sure we aren't going to lose our jobs at any point. It's important for us to learn as well as possible what to do in order to save up for a house.


There are also different types of bank accounts to choose from, depending on your needs. As we can see with most banks these accounts are easy to carry out and allow us access money we already have. As for savings these accounts are completely free and so easy to use. Most accounts will allow for free transfers. These accounts for example give free ATM access, which is something that can help us in our daily lives, it allows us to deposit funds in them and even withdraw at any time we want to. I'm not saying these ATM locations will disappear but they still exist to make our day to day tasks easier. There are also lots of online banking companies that offer a variety of products, each with a different fee and all with security measures and protection measures set aside. With a balance of around £20 and a minimum deposit of 0.1% of my amount.


We cannot let ourselves become poor, and so we won't lose our jobs. Nowadays they charge 0.5% to 25% extra on everything and our living goes downhill. If we have one job then it would be very hard to pay it, but what if we need more than that? Some people might have to work two jobs as part of their full-time wage, even having a job that makes them 50% less money, that could be very hard to deal with, especially considering the fact that these days companies are using high salaries. Also, employees are working extra hours with limited benefits, but the increase in cost of living will affect our finances in the long run.


So, how much are we going to go without? At least 1,250 million people, and all of them will need this money at some point or another in their life. How is it they are making thousands of millions on a small sum of money, that they are giving to the state?


If they get us all together together then we may try to find help from each other and take care of the country as if it were ours. On that note it seems very logical that Russia has many problems on this front and may require assistance in the long run. So, we might have to decide what we want to do if the next presidential election isn't even in sight yet. Maybe we should wait and see what happens at the end of next month, maybe not. But surely if everyone had the same ideas and were able to agree on them, then there'd be no problem.Do