Saturday, July 5, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    How to Use Chrome Developer Tools to Teach Math Logic

    How to Use Chrome Developer Tools to Teach Math Logic

    Cybersecurity & VPNs

    How Software, Cybersecurity & VPNs Can Save You Money on Flights – Featuring VPNLY

    Is AI making Lewis Carroll’s Wonderland Weirder?

    Is AI making Lewis Carroll’s Wonderland Weirder?

    Gbyte Recovery

    Gbyte Recovery Review: Can It Restore Deleted iPhone Contacts?

    How to Resolve “Restore Failed” Error in QuickBooks Desktop?

    How to Resolve “Restore Failed” Error in QuickBooks Desktop?

    The Future of Business Transactions: Leveraging Electronic Data Interchange (EDI)

    The Future of Business Transactions: Leveraging Electronic Data Interchange (EDI)

    Tech Trends That Are Reshaping the British Economy in 2025

    Tech Trends That Are Reshaping the British Economy in 2025

    Revolutionary Haptic Technology Transforms Gaming Experience

    Revolutionary Haptic Technology Transforms Gaming Experience

    Gravitational Training Systems: Revolutionary Physics in Sports Science

    Gravitational Training Systems: Revolutionary Physics in Sports Science

  • Consumer
    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

    High street retailers are at a “crossroads”, says retail tycoon

    High street retailers are at a “crossroads”, says retail tycoon

  • Finance
    P2P Payments in E-commerce – The New Standard for User-to-User Transactions

    P2P Payments in E-commerce – The New Standard for User-to-User Transactions

    How to Use Real-Time Gold Charts for Better Trading Decisions

    How to Use Real-Time Gold Charts for Better Trading Decisions

    Rejoining Europe: What could it mean for the British economy?

    Rejoining Europe: What could it mean for the British economy?

    Understanding Finance and Why It Matters in Everyday Life

    Understanding Finance and Why It Matters in Everyday Life

    A Simple Guide to Buying Bitcoin for First-Time Investors

    A Simple Guide to Buying Bitcoin for First-Time Investors

    VPS Low Latency: Why It’s Important for Forex Traders

    VPS Low Latency: Why It’s Important for Forex Traders

    How AI Is Reshaping Financial Advising

    How AI Is Reshaping Financial Advising

    How Geopolitical Tensions Affect Forex Trading

    How Geopolitical Tensions Affect Forex Trading

    Steel Prices

    Where Steel Prices Have Been Headed: A Six-Month Look at Global Trends

  • Environment
    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

    Why You Should Hire Waste collectors for efficient waste removal

    Why You Should Hire Waste collectors for efficient waste removal

    Choosing the Right Floating Dock Platform for Your Aquaculture Cages

    Choosing the Right Floating Dock Platform for Your Aquaculture Cages

  • Property
    Stay safe at home: The benefits of intruder alarms in St Helens

    Stay safe at home: The benefits of intruder alarms in St Helens

    Enhancing your home projects with essential hardware selection tips

    Enhancing your home projects with essential hardware selection tips

    5 Best Lifetime Mortgage Providers in the UK

    5 Best Lifetime Mortgage Providers in the UK

    Top 10 Sell House Fast Companies in the UK

    Top 10 Sell House Fast Companies in the UK

    Efficient storage solutions for stress-free home renovations

    Efficient storage solutions for stress-free home renovations

    Chelsea Residences – Exclusive Living in Dubai’s Prime Location

    Chelsea Residences – Exclusive Living in Dubai’s Prime Location

    Insights and Opportunities For Exploring the London Property Market

    Insights and Opportunities For Exploring the London Property Market

    How to Choose the Right Moving Service for Your Needs

    How to Choose the Right Moving Service for Your Needs

    What Should You Do Before Moving House to Avoid Last-Minute Stress?

    What Should You Do Before Moving House to Avoid Last-Minute Stress?

  • eCommerce
    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Personalized Shopping: How Technology is Transforming Retail

    Personalized Shopping: How Technology is Transforming Retail

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    Magento Web Development Company: Unlocking the Power of E-Commerce

    Magento Web Development Company: Unlocking the Power of E-Commerce

No Result
View All Result
Today News
Home Consumer

Staying afloat during the cost of living crisis

David Prior by David Prior
April 25, 2023
Reading Time: 3 mins read
Staying afloat during the cost of living crisis
507
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Times are tough for millions around the UK. Inflation continues to bite, pushing the prices of necessities ever higher. For some, there are more reasons to be worried with businesses being forced to focus on their bottom line, putting people’s jobs and livelihoods at risk.

Real wages have been falling behind inflation for many years meaning that professionals have been effectively losing money from their payslips. There’s been widespread strike action across several industries, including transport and healthcare, which highlights the challenges being faced by a large majority of the population.

Related posts

Craving Connection: Why Food Gifting Is the New Love Language

Craving Connection: Why Food Gifting Is the New Love Language

May 12, 2025
585
How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

May 12, 2025
522

Few elements surrounding this topic are actually in your control, except how you manage the money you do have. In this article, we’ll suggest some ways that you can optimise your finances to help you stay afloat during this challenging period.

Cut unnecessary expenses

The first thing you should look to do when money is tight is cut non-essential and wasted spending.

This all starts with a thorough budget and review of your statements – see what money is going where each month and identify areas where you could cut back.

This could be unused subscriptions, daily takeaway coffees, or anything that accumulates noticeably over the month. You don’t have to permanently give up luxuries, but it’s a good idea to put a hold on some if you’re trying to secure your financial stability.

Manage your debts

Staying on top of your debt is crucial at a time like this. Rising interest rates mean that you are likely to be stuck paying higher repayments for longer if you aren’t able to reduce your debt levels.

It’s a good idea to tackle your highest-interest debts first because these will cost you the most if left unpaid. If you have multiple debts with different companies, you might want to consider a debt consolidation loan to combine your debts into one so you can manage them more easily.

Make a plan to tackle your debts and do this as quickly as possible to give yourself the best chance of staying on top of your finances.

Find ways to boost your income

Another way to improve your financial resilience during times like these is to find ways to supplement your income. This could be working extra hours, selling unwanted possessions, or starting a side hustle.

Diversifying your income streams can also help to build your financial security, reducing your reliance on one source should the worst happen. Boosting your income can be done through regular monthly income or one-off earnings, but every little helps.

Save on your essential outgoings

Everyone has essential bills to pay each month. While it’s unlikely you can cut these completely, finding ways to save money here can be a good strategy to free up money to save, pay off debt, or put money aside into an emergency fund.

This could be finding a cheaper rental property or setting yourself a strict budget for weekly grocery shops. You’ll find there are always ways to reduce your outgoings, you might just have to be creative and willing to compromise.

Managing your money has never been of greater importance. With planning and dedication, you can improve your financial position and be more resilient through any future financial strife.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

Previous Post

LGIM and Flexiss Group’s York SureStore: A Best-in-Class Self-Storage Facility with Nokē Security and Net Zero Carbon Focus

Next Post

Playtech Partners with Dazn Bet to Expand Online Casino Content in the UK

Related Posts

Craving Connection: Why Food Gifting Is the New Love Language
Consumer

Craving Connection: Why Food Gifting Is the New Love Language

May 12, 2025
585
How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK
Consumer

How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

May 12, 2025
522
How to adjust glasses at home – a step-by-step guide!
Consumer

How to adjust glasses at home – a step-by-step guide!

April 13, 2025
593
Why quality toilet cubicle hardware matters
Consumer

Why quality toilet cubicle hardware matters

April 7, 2025
497
Common Mistakes in KYC Identity Verification
Consumer

Common Mistakes in KYC Identity Verification

March 24, 2025
566
Consumer habits
Consumer

British Furniture Market Sees Significant Changes in Consumer Preferences

March 10, 2025
122
Next Post
Playtech Partners with Dazn Bet to Expand Online Casino Content in the UK

Playtech Partners with Dazn Bet to Expand Online Casino Content in the UK

RECOMMENDED NEWS

What is INTERPOL?

What is INTERPOL?

1 year ago
567
The effects of Brexit on sports betting in the UK

The effects of Brexit on sports betting in the UK

1 year ago
641
ESR Tests for Diagnosing Unexplained Headaches

ESR Tests for Diagnosing Unexplained Headaches

1 year ago
495
Woman with Piercings

Piercing Places: Finding the Perfect Studio for Your Body Art

2 years ago
422

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology The Victoria Quarter tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

P2P Payments in E-commerce – The New Standard for User-to-User Transactions

P2P Payments in E-commerce – The New Standard for User-to-User Transactions

July 4, 2025
Stay safe at home: The benefits of intruder alarms in St Helens

Stay safe at home: The benefits of intruder alarms in St Helens

July 4, 2025
Corner Desks

Corner Desks with Storage: A Smart Choice for Any Office

July 4, 2025
Pakistani Actors Are Going Global

From TV to Netflix: How the Highest Paid Pakistani Actors Are Going Global

July 4, 2025
Weak Foundation

What Are the Most Effective Methods to Strengthen a Weak Foundation?

July 4, 2025
From Soups to Roasts: Mastering a Different Way to Prepare Meals

From Soups to Roasts: Mastering a Different Way to Prepare Meals

July 4, 2025
How to Launch a Successful VR Business: Opportunities and Trends

How to Launch a Successful VR Business: Opportunities and Trends

July 4, 2025
Branded Merchandise in the UK: Discover the Top Company for Custom Corporate Gear

Branded Merchandise in the UK: Discover the Top Company for Custom Corporate Gear

July 4, 2025
How to Choose the Right Remodeling Contractor in San Antonio, TX

How to Choose the Right Remodeling Contractor in San Antonio, TX

July 3, 2025
Easy Guide to Choosing a Chartered Accountant Firm in London

Easy Guide to Choosing a Chartered Accountant Firm in London

July 3, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

P2P Payments in E-commerce – The New Standard for User-to-User Transactions

P2P Payments in E-commerce – The New Standard for User-to-User Transactions

July 4, 2025
Stay safe at home: The benefits of intruder alarms in St Helens

Stay safe at home: The benefits of intruder alarms in St Helens

July 4, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact