Inflation, the persistent rise in prices of goods and services over time, can erode the purchasing power of money and negatively impact financial well-being. As inflation rates sit above cash rates, consumers and investors need to be proactive in protecting their finances and finding ways to outpace inflation. In this article, we’ll explore practical and effective strategies to help you manage your expenses.

By Angela Reade, Associate Financial Adviser. Inflation, the persistent rise in prices of goods and services over time, can erode the purchasing power of money and negatively impact financial well-being. As inflation rates sit above cash rates, consumers and investors...