How to cut the cost of living

Culling your direct debits, lowering your boiler’s temperature and signing up for loyalty cards are all strategies to help combat the rising cost of living

A selection of storecards
It’s time to make your loyalty cards work harder
(Image credit: © Peter Jordan / Alamy)

Tips on how to cut your bills to fight the cost of living crisis are coming thick and fast as inflation hits 9%. But which ones will actually have a serious impact on your household budget? As we said on this page last week, the single best way to tackle rising prices is by increasing your income. But if you can’t get a pay rise or a side income, or it isn’t enough to cover rising costs, there are some cost-cutting measures that can help too.

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Ruth Jackson-Kirby

Ruth Jackson-Kirby is a freelance personal finance journalist with 17 years’ experience, writing about everything from savings accounts and credit cards to pensions, property and pet insurance.

Ruth started her career at MoneyWeek after graduating with an MA from the University of St Andrews, and she continues to contribute regular articles to our personal finance section. After leaving MoneyWeek she went on to become deputy editor of Moneywise before becoming a freelance journalist.

Ruth writes regularly for national publications including The Sunday Times, The Times, The Mail on Sunday and Good Housekeeping, among many other titles both online and offline.