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BEATING THE INFLATION BUG
your capital can work for you and grow over time. Your advisor is the best person to advise on your current investments and how they are doing against inflation.
The cost of living price is constantly on the rise, especially with higher inflation. This means our cash has less spending power. Everyday expenses such as groceries and fuel can have a significant impact on your budget, especially after a few months of inflation increase.
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It is ideal to never budget your salary up to the max. Having disposable income or the remainder of your salary left is vital in beating the cost-of-living rise. That and trimming some of the fat off your daily expenses.
Chat with your advisor to ensure that your investments and retirement savings are optimised to beat inflation and earn good returns.
Please note, the above is for educational purposes only and does not constitute advice. No liability can be accepted for any actions taken or refrained from being taken, as a result of reading the above.