Ep 014 - 5 Tips To Navigate The Cost of Living Crisis
In this episode of the Mind Money Soul podcast, I am going to share with you my top 5 tips for navigating the cost of living crisis that we currently face.
The Consumer Price Index rose by 10.1% in September according to figures released by the Office for National Statistics and with 89% of adults living in the UK reporting that their cost of living has increased, some people are witnessing their finances reach crisis point.
While we won’t be in this situation forever, now is the time to take action to support your finances. I have 5 top tips that will help you manage your money and your mindset as we move through the current challenges of the economy.
In this episode:
What is an emergency fund and what does it look like
Making a plan for your money and important categories to consider in your budget
Future planning when your financial situation changes
Analysing your income and expenditure
The importance of mindset and how to mentally protect yourself
Resources
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