4 October 2021
A free guide is now available for members to support them with their finances in the case of inflation.
The leaflet, which can be downloaded, has been created by Police Mutual, to help officers and their families manage their money if inflation takes place.
Inflation can affect anyone and simply put, is when the price of goods and services increases at a faster rate than wages. This guide explains the long and short-term impact inflation can have on people and the economy.
From making a budget, to creating a saving plan, the guide is full of top tips and advice for readers on how to get on top of their finances.
The factsheet also includes useful links for those looking for further support with their money management.
Police Mutual supports serving and retired officers, along with their families, with their finances and wellbeing.