Key Takeaways: Cozy Fizz Explained: Or how the rising cost of living impacts luxury items and discretionary spending. Wants vs Needs: Working out what is essential. Economic Pressures: Small businesses, particularly in niche markets, must consider the particular sting of inflation and other financial factors. Strategic Spending: Tips for managing finances by balancing quality purchases with affordability and necessity. Notable Quotes: "The more money you spend on vanity, the less money you've got to spend on humanity." - Pete Burrows "It doesn’t cost that much more to make a fancy handbag. It’s just the name on it." - Pete Burrows "Everybody wants to get something that’s a bit different, a bit unusual, and that comes out in people’s drinking tastes." - Pete Burrows Join the Money: Faith and Finance Group on Facebook here!We love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode. Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia. Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/ See omnystudio.com/listener for privacy information.