Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Following the Queen’s funeral, it is time to get back to the reality of the crisis we are facing in the UK. UK interest rates set to rise again this week by the biggest margin in 33 years, as pound slides against the US dollar. Sterling has fallen to a 37 year low against the US dollar, the reserve currency of the world. This means that the UK is paying 15-20% more for imports, such as oil, on top of all the other factors causing prices to rise at the fastest rate since the early 80s. Watch VIDEO on my YouTube Channel – Charles Kelly Money Tips Podcast – https://youtu.be/gisQN7FczPE Expect to see more repossessions of homes and cars next year. In my S.M.A.R.T money course, I always stress that borrowing to buy consumer goods - which go down in value - is a bad idea. Now is the time to prepare for the economic winter ahead. Get your house in order and fasten your seatbelts for a rough ride ahead. When times are good, and borrowing is cheap everyone buys more on credit and the economy expends. But the cycle nev