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#MoneyMondays: The Cost of Butter... and Rising Rates

Updated: Aug 2

Up 44% from 2019 pre-pandemic levels, 1 lb. of butter is now priced at $5.99 minimum in Canadian grocery stores. On top of this, staffing challenges and food chain pressures continue to cause food prices to climb. Then, on July 12th, Bank of Canada raised its rates yet another time.

Where do we go from here?

This is overwhelming.

Where do we start?

These might be some of the questions you've asked yourself, and to be honest, what I've found that works for us is getting super in tune with our values. There will be times that we can't control a lot of what is going on around us, but we can direct our energies and our queries inward and find solutions within ourselves.

There are countless posts on How to Save Money, or How to Cut Costs at the Grocery Store, or Frugal Living Tips... this isn't what I want to write about today. It's about our values.

What do you value in your financial, spiritual, relational, and physical life? If it's worrying about the factors out of our control, I would encourage you to reach out for help and support. Contact your closest financial advisor, reach out to a trusted friend, seek professional help. When we are in a space that we can't get in tune with our values and our worries take over, this is a sign to reach out for support. Signed, Filipina Budget Girl.

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