What to do in the face of record inflation?

The figures came out on Monday. In October, inflation in the eurozone (19 countries) reached an annual rate of 10.7%, a record since the creation of the single currency over twenty years ago.

To understand what 10% inflation represents, take a 10-euro note.

Today, that note will buy you 10 euros worth of pastries or bus tickets (electric, of course). Except that with 10% inflation a year, your ticket will only be worth the equivalent of 9 euros in 2023. And we're only talking about 10 euros here. For 10,000 euros or 100,000 euros, the loss is much greater 😅.

In this context, many of you are wondering how to avoid, or at least limit as much as possible, the impact of inflation.

Important note: there is no miracle solution. NONE.

There are, however, investments and strategies that can potentially limit the impact of 10% inflation, while we wait for Christine Lagarde and the European Central Bank (ECB) to cool things down by continuing to raise interest rates.

We've prepared a little compilation for you, with no sponsorship or anything (as usual 😎 ).