Tag: inflation
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Should you worry about rising interest rates?
Interest rates are rising as central banks look to combat soaring inflation. In the UK rates now stand at 1%. But what does this mean? And should you worry about rising interest rates? In this post I’ll cover: What are interest rates? The impact on mortgages Rising interest rates and credit cards The impact on…
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How to beat the cost of living increase in the UK
There’s been a lot of talk about the cost of living increase in the UK recently. As inflation increases and our bills go up, our budgets are being stretched further and further. Unfortunately, there’s only so much you can avoid these increases. There’s only so far you can reduce your expenses. However, it’s likely you…
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How to cope with rising inflation
You may well have heard about inflation. Many economists and financial experts have been discussing the potential for increasing inflation rates in the wake of recovery from the pandemic. Here’a a short guide how to cope with inflation. High levels of inflation is something very few of us have dealt with in our adult lives.…