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Thriving Through Inflation: Leveraging Communities

With prices skyrocketing on everything from groceries to fuel, it’s only smart to find creative solutions to go through this time.

Everyone is trying to adjust independently as much as possible, but collectively, we at BucksTrybe know we can do much more than individually. So, we are here to give you practical tips on thriving through inflation, leveraging on communities 

1. Make bulk purchases: Instead of buying foodstuffs in small quantities, team up with friends or neighbors to make bulk purchases. This will increase the quantity of food you get and save you some costs. 

2. Share costs and split bills: Now is not the time to be an Odogwu, especially when you cannot afford to. When necessary, splitting bills with friends or family or, even better, pooling resources with them. 

3. Support Systems: Life is not meant to be lived alone. Learn to lean on your community or group for support during this time. Whether it’s emotional support, practical assistance, or financial advice, let your community be there for you when needed.

4. Collaborative Ventures: You know how they say it only takes one piece of information or opportunity to change a person’s life? Yeah! That can come from collaborative ventures, too. By combining skills, resources, and networks, you can create new income streams and entrepreneurial ventures that are more resilient in the face of inflationary pressures.

5. Seek to earn more: Now’s the time to make a cash cow from that business idea dancing in your head or the skill you think is just a hobby. Let friends, family, and acquaintances know about your offerings and ask them to spread the word. Stop leaving money on the table.

There’s so much you can do to thrive through inflation by leveraging on communities with your community at this time. Let the economy open you and your community to possibilities and better bonds. Together, we can go far. Hold hands with your community and thrive through inflation together.

Use the BucksTrybe app to enjoy transparency and accountability when you save together for bulk purchases or investments. Available on Playstore and AppStore.

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