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The Chartered Show

Season 1 Episode 2: Part One

Why the cost of living is going up

Retiremeant™ Specialist Maryanne Leicher explains the relationship between inflation and interest rates in a way that is easy to understand. There are many reasons why the cost of living is going up: the Covid pandemic, Russia’s invasion of Ukraine, supply constraints and the increase in fuel and food costs. While it’s easy to get caught up in a negative spiral of fear and worry, start focussing on things in your control. Talk to your Planner and trust them to guide you through the process. Relook at your budget and decide where you can cut back without compromising on living your life. Spend your money intentionally on things that really matter to you.