There’s a perfect storm creating an imperfect financial reality for many of us.
The Covid -related pushing of money into the economy has met with the war in Ukraine, oil prices rising and China’s lockdowns continuing to impact supply chains. That means there’s more money chasing fewer goods – creating rocketing inflation and the cost-of-living squeeze.
While you and I can’t influence those world events, when it comes to our money, we should focus on the things we can control, not those we can’t. You can’t change the direction of the wind; but you can change your sails.