18- 'You PI' (Your Personal Rate of Inflation)

It's nigh on impossible to escape the chat about inflation in the news (or 'Never Ending Worry Service') at the moment.CPI, or RPI, or... who cares?!These measures have absolutely nothing to do with you and your standard of living, unless you've a penchant for e-bikes or surveillance cameras... The only rate of inflation you need to worry about is your personal rate of inflation: 'You PI'.It's all explained in this episode. And here's the calculator Benjamin refers to.Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.