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Four items to help you keep to budget

6 June 2014 Last updated at 22:12 BST

A rise in the Consumer Prices Index inflation rate suggests that the cost of living is once again increasing faster than wage rises.

The most recent figures on earnings showed that they rose at an annual rate of 1.7% in the three months to March, against April's rise in CPI of 1.8%.

This means that people all over the UK are having to keep a close eye on what they spend.

Personal Finance reporter Kevin Peachey explains why four common household items are all you need to keep on top of your household budget.

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