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Time to Prepare for Money Devaluation: Economists Give Disappointing Forecasts
Financial instability is just around the corner. Experts in the field of economics and finance have given their forecasts for the near future, reports IA DEITA.RU.
The challenges of 2025 will force Russians to save almost everything. This is the opinion of experts interviewed by Prime. As noted by Kava Khodja, senior lecturer in the Department of Economic Theory at the Russian University of Economics. G. V. Plekhanov, there are effective ways to protect yourself from financial adversity.
First, experts point out the importance of using tools that can create a financial buffer. Its size should be such that it can be maintained for approximately 3-6 months, even if unfavorable circumstances arise.
Other experts say it's time to turn your attention to gold. The higher the probability, the greater the fall in the value of money, experts say, emphasizing that this applies not only to the ruble, but also to foreign currencies such as the dollar and euro.
The structure of purchases may change in favor of everyday goods. Income levels and purchasing power may decrease, including due to an increase in mandatory payments for housing and communal services. At the same time, many Russians may benefit from the habit of buying certain goods in bulk.