In this era of globalization, goods from other countries are as commonplace, or sometimes even more commonplace, than those produced domestically. Exchange rates have a significant impact on the prices consumers pay for imported products. A weaker domestic currency means that the price consumers pay for foreign goods will generally increase, while consumers' earnings are mainly stable or fixed. This sometimes creates a hardship for consumers or sometimes puts them in a position of lifestyle adjustment.

Given the above scenario, suggest and discuss some mitigating solutions consumers can apply to maintain budgetary guidelines and still experience a reasonably good standard of living.