The UK's headline rate of inflation has stayed at 2.8 per cent, remaining well above the two per cent set by the government.
Data released by the Office for National Statistics (ONS) today (April 16th) showed lower inflation for petrol and diesel helped to cancel out increases in the cost of books, digital cameras and car insurance.
David Tinsley, economist at BNP Paribas, told BBC News that the inflation figures were broadly in line with his expectations.
"But nonetheless inflation remains above target and it's going to take a number of years to bring it back to target," he said.
Philip Shaw at Investec suggested inflation in the UK could be set to rise above three per cent in the coming months, rather than falling down towards the target rate.
The UK is still at risk of slipping into a triple-dip recession unless growth data – to be released later in the month – shows the economy expanded between January and March.
Ask the Readers: What#39;s in Your Wallet? | Million Dollar Journey
Cash! and a few debit cards. I quit using credit cards been about 6 months.
I do have a Global Payment Mastercard which acts and uses the credit card system but is actually tied to a bank account.
I used to collect the points and rewards from the credit cards but I found its too easy to overspend, I never actually used the rewards and found out there is research that if you use cash instead of credit you actually tend to spend less ( around 15% )
Just my 2 cents
12 – mini Save-On-More card
also, a few receipts, some cash, some superstore gas bucks, some family pics and some business cards.
I should probably leave the AMEX card at home. I likely don’t need to carry around my firearms permit, Safeway and Air Miles cards could technically be left in the car, but I would likely regularly forget to take them into the store with me. Plus we have two vehicles, so it could be hard to remember to get them from one or the other every time one goes shopping. Same goes for the BCAA card and dilemma of which vehicle to store it in.
Should care card be carried?
Apart from the standard credit card/ID/debit card/cash/library card I also have my health card, my card for getting into the office, pics of my husband and my dog, a phonecard in case I need to call Ireland, work-related receipts for expenses, a bunch of business cards, gym membership card, my TTC (transit) pass and spare hair ties. I carry a lot of crap around, but I’m a girl, I have a bag for my bulging wallet.
Frugal I just remembered that Esso has a speed pass thingy that you can attach your smartcash cc to and it tied to your points card. So you don’t have to carry that points card around. Just use your speed pass at esso. Kind of convenient too, you don’t have to swipe your card or go into the store to pay. This is how I do it as I rack up the free car washes too to use in the winter. (only use touchless if you care about your paint)
