Martin Lewis said middle earners are going to feel the biggest squeeze in light of Chancellor Jeremy Hunt's Budget.
Jeremy Hunt set out his plans for £55 billion of tax hikes and spending cuts on Thursday against the backdrop of a bleak set of economic forecasts.
It said that rampaging inflation as a result of the energy price shock meant living standards are set to fall by 7% over the next two years - taking them back to where they were in 2014.