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ICR335: Coping with the crippling cost of living

ICR335: Coping with the crippling cost of living

06/07/2018 Posted by Martin Bamford Podcast No Comments

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.

If you enjoy listening to Informed Choice Radio, please take a moment to leave us a review on iTunes. It only takes a minute. Visit icradio.co.uk/itunes which will take you straight our page. Follow the link to ratings and reviews, and leave us a review, and we’ll read it out in a future episode.

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About Martin Bamford

Your host for Informed Choice Radio is Martin Bamford, an award-winning Chartered Financial Planner and Fellow of the Personal Finance Society. Martin is Director of Client Education at Informed Choice and the author of several personal finance books including The Money Tree, Brilliant Investing and How to Retire 10 Years Early.

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