Expense list to loan tenure: How to stay ahead of rising inflation

Maintain adequate allocation for equities in long-term portfolios for financial security

After falling for two months, the Consumer Price Index-based inflation increased to 6.52 per cent in January. This is above the Reserve Bank of India's (RBI) tolerance band. CPI-based inflation stood at 5.72 per cent in December. What this means is that households and investors can't afford to lower their vigil against inflation. Here is what they may do to manage costs.

Adhere to a budget

At the start of the budgeting exercise, take a sheet of paper and draw a vertical line down the middle. On the left-hand side, list your monthly earnings. On the right-hand side, list your