The cost-of-living crisis continues to put unprecedented pressure on families. The impact is far-reaching, too: between February and May 2023, at least one in 20 UK adults reported running out of food and being unable to afford to buy more.
With some adults turning to charities and support networks, others try to ease the pinch by taking money out of savings accounts or entering credit agreements. There’s no right or wrong answer to alleviating money worries, but certain strategies could be more suitable than others.
Regardless of your approach to personal finances, it’s worth knowing about how you can carry on saving through difficult economic times.
Continue reading “Is the cost-of-living crisis affecting our ability to save?”