Argentines are no strangers to economic upheaval, having experienced a number of financial crises in the past decades.
But with inflation rising above 100% and the value of the Argentine currency – the peso – plummeting, even some of the most crisis-hardened Argentines are struggling to make ends meet amid fast-changing prices and a soaring cost of living.
Reporter Valley Fontaine spoke to five Argentines about their strategies to make ends meet.
Argentina’s year-on-year inflation rate soared past the 100% mark in February for the first time in more than 30 years.
That means that the prices of many consumer goods have doubled in the space of just a year.
So saving up for a special purchase or even everyday goods can mean that you will end up paying a higher price in a few months or even weeks down the line.
The answer? Using interest-free credit.
Monica, a digital artist from Buenos Aires, has the buy-now-pay-later approach down to a fine art.
The 27-year-old takes advantage…
This article was written by and originally published on www.bbc.co.uk