Common Man's Attempt to Beat Inflation

So we all know that we have been hit by inflation - my personal awakening call being a price increase in my favourite bread! Is it possible, for us normal folks, to "profit" from inflation through our own means? At least, can we prevent inflation from making victims of us all?

I decided to think of some ways to do exactly that. We should at least be aware of the available possibilities out there to help us prevent inflation from eating away at our hard-earned money!

My first idea to avoid being a inflation victim came because I was worried about the strenthening EUR currency against the US dollar (USD). Now I have a vacation coming up, and I have been planning a getaway to Europe this summer. I do not intend to abandon my Europe vacation just because my US dollars are worth less today than before. At the same time, I do not want to sit around till the summer and watch this continue to happen.

So I came up with this simple idea of "reserving" for the future cost of things I am going to spend on. For instance, I can assume my vacation budget would be 3000 EUR, and if I assume that the EUR currency will continue to increase in value, then the future value of the EUR will be higher.

In this case, I can buy the EUR and sell the USD in a forex account. By buying the EUR, I am "reserving" the current price of the EUR/USD for future use. The money I need to put down is not the entire 3000 that I intend to spend on my vacation, but only what the forex account requires, which would be one hundredth of the 3000.

If the EUR goes up, I make money. And if the USD goes up, I have not lost anything because my USD dollars are now worth more in the forex exchange market (I have more buying power during my Europe vacation). And the money I was required to put down in the forex account was significantly minimal. There is almost nothing to lose in this idea.

What'd you think of this?