Inflation Is WRECKING Your Household Finances - 7 Ways To Fight Back

#money #inflation #investing #home Inflation is wrecking your household finances and probably making you feel poorer. Fortunately, the good news is that you can proactively take steps to help protect your wealth today and hold you in good stead for the future. In this video, I’m going to show you 7 ways you can reduce your personal rate of inflation. I’ll also work out our inflation rate and how you can work out yours as well. Timestamps: 00:00 - Intro 02:20 – 1. Track your expenses and make a budget 03:52 – 2. Housing and household services 06:01 – 3. Energy efficiency 07:40 – 4. Transport 09:42 – 5. Review your non-essential spending 11:39 – 6. Pay off bad debt 12:59 – 7. Invest 14:16 – Our household rate of inflation and how you can calculate yours Found this video helpful in saving you money? You can now buy us a coffee ☕ https://www.buymeacoffee.com/EverythingHome Resources/links: ONS CPIH – https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l55o/mm23 Switch energy supplier: Octopus energy - For £50 Octopus Energy Credit AND AN EXTRA £20 from us (TOTAL £70 😮). Just follow these simple steps: 1. Go to the link: https://share.octopus.energy/nice-hippo-695 2. Enter your postcode and click ‘Get a quote’ 3. Enter your details and once you've found a tariff which suits you, sign up 4. Alternatively, call and speak to one of their experts on 0808 164 1088 with your current energy details to hand. Their lines are open 9am - 5pm Monday to Thursday and 9am - 4pm on Friday. You will also need the referral code share.octopus.energy/nice-hippo-695 for the referral to track 5. Subscribe for FREE: https://youtube.com/c/everythinghome?sub_confirmation=1 and once confirmed and the referral credit has been applied to our accounts, we’ll transfer you an EXTRA £20 via Amazon or BACS – just send us an email @ savemecashuk@gmail.com 🎁 NEW TO E.On ENERGY? For a £50 voucher. Just follow these simple steps: 1. Go to the link: https://mention-me.com/m/ol/wo2sg-shanaka-rosa 2. Enter your postcode and click ‘Get a quote’ 3. Enter your details and sign up to the next drive tariff Cashback sites: Get £15 cashback when you sign up with Quidco – https://www.quidco.com/raf/6138995/ Get £10 cashback when you sign up with TopCashback – https://www.topcashback.co.uk/ref/everythinghome Work out your rate of inflation with this calculator: https://www.ons.gov.uk/visualisations/dvc1833/calculator/index.html Investing: AJ Bell Get £100 when you sign up and invest - https://ajbell.mention-me.com/m/ol/wg5zj-shanaka-rosa Discounts: New to Virgin Media – Get £50 when you sign up here: http://aklam.io/8Q1YdM Tado Smart Devices - Order direct through our code and get 15% OFF: https://referral.tado.com/everythinghome 🎁 £100 OFF YOUR INSTALL Installing Solar And Or A Battery? Get a quote from IVoltz and if you go on to have a successful install, they’ll credit you £100 from your final payment. Just quote: IVOLTZ/EVERYTHINGHOME when you contact them. Visit: https://ivoltz.com/ DISCLOSURE: We often review or link to products & services we regularly use and think you might find helpful. Wherever possible we use referral links, which means if you click one of the links in this video or description and make a purchase we may receive a small commission or other compensation which allows us to keep bringing you this content for FREE. Note these may be subject to change without notice by the provider. Discounts: New to Virgin Media – Get £50 when you sign up here: http://aklam.io/8Q1YdM Tado Smart Devices - Order direct through our code and get 15% OFF: https://referral.tado.com/everythinghome 🎁 £100 OFF YOUR INSTALL Installing Solar And Or A Battery? Get a quote from IVoltz and if you go on to have a successful install, they’ll credit you £100 from your final payment. Just quote: IVOLTZ/EVERYTHINGHOME when you contact them. Visit: https://ivoltz.com/ DISCLOSURE: We often review or link to products & services we regularly use and think you might find helpful. Wherever possible we use referral links, which means if you click one of the links in this video or description and make a purchase we may receive a small commission or other compensation which allows us to keep bringing you this content for FREE.