Episode 20

The Inflation Basket - Where Fish Fingers Meet CDs

Inflation can have a big impact on your financial plans, but what is it and how has it changed over the years?

Inflation can have a big impact on your financial plans, but what is it and how has it changed over the years?

Join Chris, David and Tommo as they take a more light hearted approach to explaining inflation and what impact it can have on your financial plans. They also discuss what makes up the ‘Inflation Basket’ and how this has changed over the years.

3:50: Money in the bank v. money under the mattress

5:00: Tweets from @tess_invests on embarrassing purchases

7:10: What is inflation based on?

8:20: Typical purchases for the Inflation Basket through the years starting from 1947

18:57: What could be in future Inflation Baskets?

20:10: Why we can’t ignore the NAT STATS Inflation Basket

20:40: Where could inflation be heading?

Do you have any financial wellbeing questions you would like us to answer? Or do you have a #tightasstommo money saving tip you would like to share with our listeners?

If so, let us know by going to Twitter @Finwellbeing or email – contact@financialwell-being.co.uk

If you would like to purchase a copy of The Financial Wellbeing Book please click on this link to visit Penny Brohn UK shop

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