You know what's worse than running out of Vegemite? Inflation. Yeah, it's when the price of things keeps skyrocketing, and your money loses its value faster than a souped-up Holden on the freeway. And guess what? It's currently at its highest level since the 80s. So, be prepared to pay more for stuff in the future—like a fancy coffee that'll cost you a kidney.

Speaking of the future, if you've got life insurance, the amount of cover you have now may not cut it down the track. So how do you make sure your policy keeps up with inflation? Read on...