Inflation is a measure of the rate of rising prices of goods and services in an economy. After the recent pandemic, inflation is on a rise globally. One of the key reasons being the central banks and governments deciding to reduce interest rates and printing currencies and pumping into the economy. Due to this, the costs have gone up and in many countries inflation is at all time highs.

For individual who are working on monthly wage, salaries have hardly gone up and now the need to save money is at the highest. At the same time, the awareness to invest the saved money has also gone up amount people. 

The returns on any investment should beat the inflation in order to keep check with your expenses. The best investment would be the Equity markets, that is, to buy stocks.

Other investment choices of Bank Deposits, Real Estate, Gold etc - the returns may not beat inflation.

Since the stock market crash (due to Covid) in March 2020, stock markets have gone up nicely - one of the major reason being the liquidity infused by central banks into the economy. The excess liquidity have taken the markets to all time highs globally.

Strategy:

As for an individual, the equity investment % should be minimum (100-Age). For example, for a 30 year old, it should be 70%. Rest of the 30% can be Bank Deposits, Gold, Crypto currencies etc.. 

I follow this strategy and it has been very helpful in growing my wealth and to keep up with inflation.