High inflation can make budgeting an even bigger challenge than usual and with prices rapidly rising, it can seem almost impossible. Higher prices mean you may need to be more strategic about your spending in order to stretch your income. Learning how to budget for periods of high inflation can help you rethink how you spend your money. Living in these times of high inflation all comes down to budgeting. Francyne Myers, Licensed Insolvency Trustee, talks about how you can budget your way through rising costs. 

More than budgeting, she speaks about:

• Maximizing your dollars - getting more bang for your buck
• Household spending - defining your priorities
• The difference between secured debt and unsecured debt
• Challenging yourself to a spending moratorium - not purchasing anything for a set period of time
• Grocery shopping - meal planning, making lists, and using cash
• Instore credit cards - taking advantage of points

Licensed Insolvency Trustees are federally regulated and approved by the Canadian government. From budgeting to Bankruptcy, you can be assured you are receiving the best unbiased advice from these knowledgeable professionals.

About Francyne Myers

In 2012, Francyne left her 23 year public service career and joined Allan Marshall & Associates where she completed her education and became a Licensed Insolvency Trustee in 2013. Alongside with her work she is actively involved in her local Trustee Association. In her spare time Francyne can be found fishing and spending time with her family.

Additional Resources 

• Allan Marshall & Associates Licensed Insolvency Trustee
• Monthly Budget Template – Budgeting Made Easy
• A Budget Plan Prevents You From Living Beyond Your Means

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