When The Chips Are Down - Debt Goes Up
Recent bad weather has had a significant effect on our everyday lives, including food prices, which already contribute to Debt on a weekly basis.
The great traditional fish and chips have also taken a battering as recent floods have destroyed crops, thus pushing up prices. During harvest time, many farmers were unable to reach large amounts of their crops due to appalling weather. This has left huge amounts of food to just rot
At present, Britain is facing a 50,000 tonne shortage of peas as farmers suffered problems operating harvest machinery on land which was waterlogged by torrential rain. As a result, potatoes and others vegetables will rise in price by up to 30%. This may cause you to think twice about adding mushy peas to your takeaway order.
Fish are also increasing in price as global warming inhibits their reproduction and decreases the size of their offspring thus, making them more difficult to catch. Global warming has affected marine life very badly and some of our most popular fish are disappearing to the point, where they may not appear with your chips and mushy peas in ten years time.
Just the average chip butty could add a dent to your wallet as the cost of a standard sized loaf of bread is estimated to increase to over £1, due to bad weather causing significant damage to wheat crops.
This shows that the sheer cost of living is forcing the public into even further debt as the weekly shop becomes even more difficult to afford.
debt Management, IVA, Consolidation loans, just some of the options you'll need to explore if you're going to be debt free.
