Cost Of Living Crisis

Budget squeeze: How to make savings when prices are on the rise

This winter, many of us are looking at higher mortgage repayments, rising food costs and increased energy charges, but careful planning and shopping around can achieve significant savings

Shopping around is essential when it comes to electricity bills. Picture: Getty

Price hikes, the cost of living crisis, inflation: it’s fair to say, even with the hope that the upcoming budget will offer some relief, this autumn/winter is likely to be a tight one. But what can cash-strapped households do to save money over the coming months?

The number one piece of advice, Paul Merriman, financial adviser and founder of AskPaul financial advice hub, says, is simple: do up a personal budget and get informed on ...