Cost of Living Crisis: ‘This issue is only going to get worse over the summer’

The price of everything is on the rise. From petrol, groceries, energy and gas, every facet of our lives has been affected by the cost of living crisis.

So why is everything so expensive and how can we make our money stretch further?

In this episode of The Irish Times Women’s Podcast, we hear from two budgeting experts Caz Mooney and Kel Galavan, who both share their money and saving tips through their Instagram profiles @Irishbudegting and @Mrssmartmoneyhq

Galavan tells Róisín Ingle how doing a money audit can help with keeping track of finances. The process involves printing off a bank statement and going through it with a highlighter, identifying the necessary and unnecessary purchases.

And as the Dáil breaks today for the summer recess, we also hear from Irish Times political correspondent Jennifer Bray, on how the government plans to tackle soaring inflation.

“This issue is only going to get worse over the summer, so if they think they are off for a nice holiday, that ain’t happening” she says.