Hearted Youtube comments on Mitch Shoesmith (@MitchShoesmith) channel.
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Many people get into financial trouble when they get a pay rise as they don't allow for tax and workplace pension deductions.
Many people think that getting a £1000 pay rise means an extra £1000 in their pocket, whereas it'll be nearer 67% after 20% income tax, 8% NI & 5% pension contributions.
One of the best hedges against inflation is to buy extra groceries each week. Especially if its on offer.
It's surprising how that extra £10 spent on every shop on things like coffee, soup, beans, etc, can help in the long term, and will help see you through when the shops run out in times of panic, etc.
Obviously longer life products such as in jars, tins and packets, providing you can afford it and have somewhere suitable to store it.
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