So what are you saving for? Patrick Convey explains why this decision will help shape your best course of action.
Every year, the ‘basket’ of goods used to calculate the Consumer Price Index rate of inflation shows how our collective lifestyle has evolved.
Last year, we saw the arrival of women’s gym leggings, raspberries, GoPro cameras, non-dairy milk, liver and medium-density fibreboard (MDF).
I was surprised that those last two were not featured in the basket back in the 80s, but was more interested to read that the cost of bouncing a cheque was only removed last year.
No doubt, our own personal inflationary basket would look somewhat different. Have you ever considered what eclectic mix of regular purchases make up your own annual expenditure?LOGIN OR REGISTER TO READ MORE……………