How can I protect my savings from inflation?

How can I protect my savings from inflation?

To protect your savings from inflation, consider investing in assets that typically outpace inflation, like stocks or real estate.

What about bonds? Are they a good option?

Bonds can be a safer investment, but they may not keep up with inflation. Look for inflation-protected securities like TIPS.

What other strategies can I use?

You can also diversify your investments, consider commodities, or even explore cryptocurrencies as a hedge against inflation.

Is there a specific percentage of my savings I should invest?

It depends on your risk tolerance and financial goals, but many experts suggest allocating 10-20% of your savings to inflation-hedging assets.