Staying financially healthy as the cost of living goes up


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Aug 03 2022 30 mins   10

Energy prices, interest rates and inflation are all going up and there are more challenges ahead. How do we cope with these extra pressures but still keep on track to meet our financial goals? If something’s got to give when it comes to savings, life insurance or investments, how do we decide what? What could wider uncertainty mean to our pension savings? Three of our experts answer big questions on getting through the next few years in the best financial shape possible.

In our final episode of the series we’re joined by Sarah Astley, Peter Komolafe and Matt Frain. They answer questions posed by Angellica Bell on a range of topics, like interest rates, pension contributions and the lure of cryptocurrency. Listen in as they share their tips on how to navigate the financial challenges you might be facing now and in the future.

The views and thoughts expressed on this podcast are those of the individuals involved and do not necessarily represent those of Legal & General. This podcast does not constitute or replace the need for financial advice. Content was relevant at the time of recording. This content is intended for a UK audience.

FURTHER READING & FEATURED LINKS:

You’ll find lots of useful information on Legal & General’s website:

https://www.legalandgeneral.com

Understand how inflation can impact your savings: https://www.legalandgeneral.com/retirement/rewirement/protect-savings-from-inflation/.

Learn more about the benefits of saving into a pension: https://www.legalandgeneral.com/retirement/rewirement/should-I-be-saving-into-a-pension/.

Read 10 myths about life insurance: https://www.legalandgeneral.com/insurance/life-insurance/guides/life-insurance-myths/.

Learn more about Pension Credit and eligibility: https://www.legalandgeneral.com/retirement/rewirement/pension-credit-what-is-it-and-can-i-get-it/

If you’re struggling financially, Turn2us could help you gain access to support: https://www.turn2us.org.uk/

See omnystudio.com/listener for privacy information.