141 - Cost of Living: Why Does It Matter?

Even though Canada’s economy is thriving in many ways, the rising cost of living is putting pressure on Canadian’s finances. As the price of goods continues to rise, household budgets are getting squeezed from all angles. Rising inflation is affecting most of us and in this podcast, Licensed Insolvency Trustee, Leigh Taylor discusses how we can protect ourselves. Topics covered:

How the cost of living is measured by the consumer price index Deflation and the effects on the economy How quantitative easement controls inflationWays to protect ourselves as the cost of living risesTalking to a Licensed Insolvency Trustee sooner rather than later

Federally regulated, Licensed Insolvency Trustees should be the first call you make when you are struggling with unmanageable debt. They will discuss with you all the options available to you and help you determine the best way forward. Your initial consultation is always free. 

About Leigh Taylor

Leigh began his career as an Official Receiver with the Office of the Superintendent of Bankruptcy. He is a Certified Professional Accountant and attained his license as a  Licensed Insolvency Trustee in 1980. 

LCTaylor’s mission is to help people get out of debt through compassionate care and professional service. With over 40 years experience in the insolvency field, Leigh and his staff have helped over 50,000 Manitobans solve their debt problems.  

Additional Resources LCTaylor Licensed Insolvency TrusteeHow Your Habits Can Impact Your FinancesMaximum Rent Increases In Manitoba