In the last five years food prices have increased by around 37% due to inflation!

The rate of inflation is the change in prices for goods and services over time. Inflation is eroding spending power and savings. At the end of 2022 inflation was as high as 10%!

Olive oil, eggs, milk, bread, alcohol, meat and coffee have all gone up over the years, to name a few.

What have you noticed that has gone up in price?

It is not just food, but all the things we buy - medical services, childcare, going out to dinner, university tuition fees, and rent, to name a few.

House prices also increase over time, making buying a property even more affordable. The average UK house price is £300,000, you would need a deposit of around £30,000.

The interest on your savings account does not keep up with inflation. A 3% interest in the bank each year would only total a 15% increase after five years.

One of the world’s most powerful ways to grow your money is by investing long term in the stock market, but most people think it’s too complicated. The S&P 500 returned 10% a year on average, keeping up and beating inflation.

I teach people by making saving and investing simple.

30 March 2026