Inflation | ‘Burying your head in the sand is not the answer’ says money expert Garrett Cassidy

GBNews published this video item, entitled “Inflation | ‘Burying your head in the sand is not the answer’ says money expert Garrett Cassidy” – below is their description.

‘Burying your head in the sand is never the answer, your bank may be able to help you before you get in to trouble.’

Money expert Garrett Cassidy advises people to reach out for help if they are struggling to stay on top of their finances as Inflation rises to 10.1% for July.

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About This Source - GBNews

GB News is a free-to-air television and radio news channel in the United Kingdom. The channel is available on Freeview, Freesat, Sky, YouView, Virgin Media and via the internet. Since 4 January 2022, an audio simulcast of the station has been available on DAB+ radio.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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