Tagged: cost of living crisis

December 29, 2022 @ 2:05 pm By Omar Faridi  |  

As searches for financial wellness skyrocket, financial therapist Megan Ford offers advice to consumers on how to look after their mental health – and their money With the news covering inflation, recession and the cost of living crisis more, it’s no wonder Americans are “feeling… Read More

December 26, 2022 @ 11:47 am By Omar Faridi  |  

The team at Landbay notes that 2022 started with rising inflation and the Bank of England base rate “followed suit with interest rate increases.” That scenario has “continued throughout the year with steeper rises than many had predicted.” Inflation is “at a 40-year high of… Read More

December 21, 2022 @ 8:07 pm By Omar Faridi  |  

Flexible working practices are “key” to helping workers weather the cost-of-living crisis, especially older people who now find themselves “unable to afford to retire.” according to an update from Sonovate. Based on a survey of 4,500 people and 500 business owners, Sonovate’s ‘Future World of… Read More

November 12, 2022 @ 3:18 pm By Omar Faridi  |  

Globally, rising inflation, a higher cost of living, and slower wage growth are impacting the lives of people right around the world. A recent report suggested that many consumers are turning to physical cash to help manage their finances amid the cost-of-living crisis. But Muhannad… Read More

October 4, 2022 @ 8:47 pm By Omar Faridi  |  

From re-using back-to-school items to starting side-hustles, new data from Barclaycard reveals how Brits are “changing their spending behavior to make their money go further during the cost-of-living crisis, while also trying to make the most of the summer holiday period.” Insights are taken from… Read More

September 26, 2022 @ 10:45 am By Omar Faridi  |  

Three quarters of young adults (76%) plan “to make major sacrifices or put life events on hold due to the cost of living crisis,” according to a survey by Starling Bank. The research, which questioned 2,000 UK adults, compared age groups and asked about stresses… Read More