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Published on:

20th Mar 2022

BONUS: When it costs more to live

With petrol prices above $2/litre and a bag of groceries costing more each day, what can you do to stay on top of your budget? A finance coach for 17 years shares how his clients are reassessing their savings plan.

This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Verante’s Liam Shorte about the pains of the rising cost of living. We discuss:

  • Why retirees are holding off their travel plans this year;
  • Why the Russia-Ukraine conflict will push food prices for many years;
  • Why you need to top up your budget by 20% to cover all your expenses;
  • What does a finance coach tell all his clients to achieve a comfortable retirement?

#friendswithmoney #michellebaltazar #costofliving

Listen on Apple Podcasts: https://apple.co/3mV0Cbr 

Listen on Google Podcasts: https://bit.ly/3qGfsoL 

Listen on Spotify: https://spoti.fi/3fSPI2h 

Website: https://moneymag.com.au

Email: podcast@moneymag.com.au

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About the Podcast

Friends With Money
Earn. Save. Invest.
We all have questions about money; how to earn it, how to spend it, and the best ways to invest so we can watch it grow.

The Friends With Money podcast, created by Money Magazine (Australia’s longest-running and most-read personal finance magazine), shares its extensive network of finance experts, in-depth knowledge of markets and timely advice to help you understand the world of money.

Hosted by senior writer, Tom Watson, and editor-in-chief, Michelle Baltazar, Friends With Money is a weekly chat with a variety of credentialed guests that you won’t want to miss. Listening and learning will help you on the path to financial freedom.