Food Shortages on the way – time to act!

Money Tips Daily by Charles Kelly, former IFA and author of

Food shortages and even rationing could be on the way as the Russia Ukraine war continues.

Sanctions against Russia are forcing up the price of everything from oil and gas to wheat and Fertiliser chemicals. This is adding to existing problems of inflation caused by ‘government money creation’, soaring shipping costs and supply chain issues in China.

Farmers are warning of coming food shortages, as items like cooking oil disappear from supermarket shelves.

Watch video version.

Economy is in winter season right now but…winters don’t last forever!

· Bulk buy non-perishable consumer goodsand food as a hedge against inflation

· Buckle down, tighten your belts and get through this, you will survive!

· Consider spreading the cost on direct debit to cushion the blow.

· Build your credit lines and watch your credit rating like a hawk.

· Earn more cash by doing part-time jobs or a side-line business.

Watch my ‘5 Inflation-Busting Tips’ for money saving ideas to help you through this. -https://youtu.be/2jZCO4V7uX0

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