Cost of living crisis continues to bite a quarter of Brits


A quarter of Brits still worry about money every day as cost-of-living worries continue to bite. A poll of 2,000 adults found finances are still a main concern for 41 per cent of the nation. Energy bills (36 per cent), groceries (32 per cent) and car costs (13 per cent) are the biggest drain on Brits’ daily spend. And 36 per cent haven’t felt able to ask for advice from anyone around them, leaving 24 per cent feeling stressed. But 24 per cent feel having open conversations about their finances could have a positive impact on their mental health. To help people with their cash-flow, financial expert Peter Komolafe has offered advice to boost financial wellbeing. This includes creating a detailed budget, slowly building up savings, and reaching out to your energy supplier to request a smart meter and ask what other help they can offer if you are struggling. Working in partnership with Smart Energy GB to share his top money saving tips ahead of the winter, Peter said: “Money worries can be stressful, but it’s important to know there are simple steps you can take to both alleviate the pressure and help you feel better.”



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