The cost of living crisis squeezed household budgets to breaking point in 2022 and shows little sign of easing up this year as energy bills continue to rise and inflation remains in the double digits.
The UK Government’s cost of living support has been extended for the next financial year, however, despite millions of households set to receive cash help, not everyone will be eligible. Google searches for budgeting apps and money-saving tips have increased by 66 per cent in the last six months.
To help parents and families across the country keep on top of their spending and stick to a budget without feeling guilty, one of Europe’s leading price comparison sites, idealo.co.uk, has teamed up with mortgage and protection broker Clementine Palmer at Bright Money Independent to share four ways to save money in 2023.