ICR335: Coping with the crippling cost of living

In this episode, how can families cope with the crippling cost of living?

I share some new research into rising living costs and then suggest some steps we can take to deal with them.

My five tips for coping with cost of living increases:

1 – Learn to budget effectively

2 – Trim the fat from your household budget

3 – Bring in some extra income

4 – Shop around for cheaper deals – mortgage, insurances, utilities.

5 – Make some lifestyle changes – i.e. drive less, walk or cycle more.

I would love to hear your thoughts. Leave me a voicemail via our website, email me at martin@icfp.co.uk or get in touch on Twitter, @martinbamford. I’d love to hear from you.

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