The increase in the prices of commodities but the purchasing value of money remains the same or lower, results in the risk of inflation. A problem faced by all the major economies around the world and many smaller economies on the verge of collapse is this. How do you keep the inflation at a certain minimum where the impact on the common person is negligible? The new world order is one created of several dependencies and multi-faceted.
If you are working in any industry for over a decade, you might have observed these changes very closely. The things you could afford to purchase with your salary before and today are more or less at the same distance. In some cases the gap is too widened, real-estate is a good example for the same. Even though you have started earning more, the things which were supposed to be affordable before are now out of your reach.
The kind of exponential growth in your personal or professional career which is required to stay or reach the top of the scale is significantly higher today. How do you reach there? In simple terms by becoming a subject matter expert in your field and carving your own niche.
In the modern competitive world, you should always be at the top of your game and be aware of the risks you take. By planning and executing things on your terms you are making your career inflation free and securing the future of your near and dear ones in the process!
