The cost of living is higher than it’s been in 40 years. As prices go up, consumers are often paying more for less — sometimes without even realizing it. In this episode we follow reporter Travis Dhanraj as he investigates the sneaky ways in which inflation could be affecting consumers, and delve into the different types of ‘flation’ — from shrinkflation and tipflation to greedflation and others.
CORRECTION: At 11:04 the unit price calculation is incorrect. It should be 38 cents/100g instead of 0.38 cents/100g and 66 cents/100g instead of 0.66 cents/100g.
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LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Inflation is the rate at which the general level of prices for goods and services is rising and consequently, the purchasing power of currency is decreasing. This situation can be challenging for individuals and families who are trying to make ends meet. However, with the right mindset and strategies, it is possible to survive inflation without draining your savings account or plunging into debts. Below are some tips to help you survive inflation in the marketplace.
1. Prioritize your expenses
During inflation, the cost of essential goods and services can skyrocket, making it difficult to maintain the same standard of living. Therefore, it is crucial to prioritize your expenses and focus on the necessities. Make a list of your essential needs such as food, housing, and transportation, and allocate your money accordingly. This way, you will avoid overspending on non-essential items.
2. Buy in bulk
If you have the storage space and the resources, buying in bulk can help you save money in the long run. Bulk purchases often come with discounts and can prevent you from spending more money when prices rise. For instance, you can buy food items such as rice, flour, and beans in bulk and store them for later use.
3. Look for alternatives
During inflation, some goods and services may become too expensive, making it difficult for you to afford them. In such cases, it is essential to look for alternatives that are affordable and offer similar benefits. For instance, if your favorite brand of toothpaste becomes more expensive, consider switching to a cheaper yet equally effective alternative.
4. Review your investments
Inflation can significantly affect your investments, especially if they are in fixed-income securities such as bonds. Therefore, it is crucial to review your investments regularly and consider diversifying your portfolio. Investing in assets such as real estate, stocks, and commodities can help you beat inflation and secure your financial future.
5. Earn more money
One way to cope with inflation is to earn more money. You can look for side hustles, part-time jobs, or start a small business that can provide you with additional income. However, make sure that your additional income does not lead to an increase in your expenses.
In conclusion, surviving inflation requires a conscious effort to prioritize your spending, look for alternatives, buy in bulk, diversify your investments, and earn more money. Following these tips will help you survive inflation and maintain your standard of living during tough economic times.
So in Brazil we have a better labeling, in the other hand, the restaurant tip comes charged in the bill already. So you have to speak out to the server that you want to opt opt out of it. So they will go to the manager, at this point maybe the manager will come to the table and ask if the service was not good, maybe not. Then come with a new bill.
Very joyful mood edit on such a sad issue video.
3: 25 ❤
if you dont like where you work go somewhere else where they are gonna pay you the same. this is why theres is a labor shortage. they dont pay enought to survive so no one want those type of jobs ahha
This is clear highway robbery through deception
crazy, Crazy Crazy
I'm 17+ minutes in and so far there's next to nothing about how to survive inflation. If you just wanted to report on inflation, fine, but don't title it like it's about surviving inflation when it's not.
of course, the tip about buying a bigger package to save on unit prices doesn't help if it means you'll be throwing half of it away because your family can't eat that much before the veggies go bad. And some of us can't afford to buy a year's worth of some things all at once. Not saying that it doesn't make sense, just sad that I can't take advantage of the larger package pricing.
Prices are up a whole lot more than 10%
Campbells chunky soup has 25 ml less! Not that I buy it, but I work at a food bank and notice the difference in can shapes/sizes
The premier is clearly on the side of the companies, not of the people.
I agree don’t tip anyone unless it’s a real restaurant
PERHAPS IT'S TIME TO GET A PARTY INTO OUR GOVERNMENT WILLING TO HELP??!!
2:08 lady – find a used food processor, research the least expensive organic dry roasted peanuts & sea salt and make your own! Just like making your own butter yogurt powdered sugar – make your own. If you purchase a good quality food processor (not a VitaMix blender), here in the US you can deduct that from your 'income' taxes, because it's used for your business.
Blame the rising carbon tax which raises the prices on everything!
How to survive inflation- vote anything but Liberal.
As an immigrant, after watching every other episode in this series I question my decision of following the so-called Canadian dream.
Everyone should watch an episode or two of CBC marketplace before making the decision to arrive in canada
that show made the liberals look horrible
I thought you were going to teach us how to beat inflation.
I've been hating shrinkflation and didn't even know about aquaflation. Hard to cook when you think you think a can of something is off.
The other day I gae a 12 % tip and I felt like the girl was offended…weird. I am a senior and simply can not afford it …I was offended that the server didn't even thank me only told me to have a good day..BTW I can not afford to go out and eat It was my husband's Birthday and we have not been out for dinner in a year…The food was not even that great to be honest…at one time you would get aplomb per piece of deep-fried fish and tons of now you get it paper thin piece of fish and maybe 20 fries also we ordered a slice of carrot cake it came in a small jar and it was only crumbs..with abit of icing …I was shocked….
Ppl are starving seniors down to 1 meal a day or every 2 days …It's only going to get worst….
Are you guys saying this is temporary situation…it's only going to get worse if not….
20:00 yea give breaks to people who choose to live the most polluting lifestyle.
How about fund the public transport and encourage more people to use it instead of trying to make gas cheaper
Yep taxing oil and gas plus a carbon tax admistered b6 civil servants will help people afford grocieries. These ppl are insane.
THAT'S TOTALLY GRRED-FLATION
NO REASON AT ALL FOR THE PRICES OF EVERYTHING TO UP THAT WAY!!! THEY LIE TO US 24/7/365 ABOUT JUST EVERYTHING, THEY ARE: TRUDEAU/BILL GATES/USA LAB/POLITICIANS/THE SEVEN POWERFUL COUNTRIES ALL THESE PEOPLE WANTS TO SHRINK THE POPULATION SOME HOW LIKE THE DID MAKING COVID-19 TO SHRINK THE POPULATION AND SO ON …
How to SURVIVE?! How about we take the grocery stores to court or protest them because they are price gouging us under the guise of ‘passing along higher manufacturing costs’ which they set. We are paying almost double and have you noticed less in your packages??? It’s OBSCENE
CBC…paid to destroy democracy. Paid to further the WEF agenda. Shame on you for your lies and damned lies! You care nothing for the future of your children. Despicable!
21:11 Saying BS like this then complaining about "immigrants taking our jobssssssssss"
America is done. All signs suggest that 2023 will be a year of severe economic pain all over the nation. Put those money to work now to make it grow. I knew I had to invest. I didn't think a few Thousand dollars a month would add up. But it is. From 2020 to date, I have made around $600,000
Dont know why people just dont kick out these greedy politicians already.
Isn't funny how companies are more than willing to label their products stating that they're 33% larger (family size ect.) but when it comes to shrinking their volume and raising their price they tend to not label that information.
LMAO maybe you should be reporting the true reason why we are
in this situation
When CBC is cancelled we will save on TAX DOLLARS… DEFUND THE USELESS CBC!!!!
The people who eat kosher have it right in one regard at least. Never eat meat & dairy at the same meal…both are expensive items and should be spread out over your week. Like: no meat Monday, Tofu Tuesday, what needs 2B used up on Wednesday, try something new Thursday, fish on Friday…. big pots of soup & casseroles on Saturday, some meat on Sunday. Or whatever keeps you motivated to save.
21:30
You sure that's 'bullish' and not "bullsh1t" explanation
The lady at 9:56 should be the next Prime Minister of Canada
I will give you a tip, don't eat fast garbage food. That was a free tip.
My yearly food bill today is 3500. I don't scrimp on healthy food, I don't eat garbage food, and I cook everyday. People who eat garbage food ( processed) are doomed to real health problems later on. Cut other things but not your food. And cook lazy people.
Given the high inflation, the use of coupons is more widespread than ever and many people rely on them not only for the purchase of food but also for clothing and much more. The transition to the 8112 digital coupon format is imminent.
Qples by Fobi is the only platform able to provide physical / digital coupons anywhere in the world redeemable in real time! This is very valuable for the big CPG brands as they allow them to improve their Roi but above all customer loyalty, which has proven to change brands if the situation is advantageous.
McDonalds, burger King and many other brands could use Qples by fobi coupons to increase customer loyalty, Roi and improve their margins. Given the high inflation that has led to the reduction in consumer purchasing power, CPGs are looking for new ways to attract customers. I think the arrival of digital coupons and the transition to 8112 has been accelerated by all of this. The decline in margins and profits that we are witnessing of many tech companies, once considered leaders, confirm the shift of the consumer in search of better opportunities and bargains offered by coupons.
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