Surviving the cost of living crisis by reducing your outgoings

When faced with financial trials, many individuals are likely to begin to struggle.

This can be in terms of financial difficulties i.e., raising enough money to pay for their household costs, or it can be in terms of mental health.

For those who may not be able to keep up with these increasing costs, or those who excessively worry about finances generally, the rising cost of living is enough to cause a host of issues.

For example, anxiety is a mental health issue that may be especially affected by this crisis due to the nature of the disorder.

If an individual is more likely to worry about things in general and be caused stress by everyday activities, a sudden increase in the cost of their weekly food shop may be enough to cause them severe stress.

In addition to this, many individuals have people who rely on them, especially in the case of carers or parents with young children.

This can cause additional strain when considering how to continue supporting them.

General Top Tips For Saving Money

Money is too tight to mention, said SImply Red. Well that may be true but you can save some cash easily. And I found that getting rid of my expensive iPhone was easiest.

Then go SIM ONLY!. If you’re looking for a SIM only deal, you’ll be pleased to know that there are a few different options available. For example, a Lebara SIM only deal can cost just PS5 per month, Giffgaff’s 1GB plan costs £6, and Tesco Mobile’s 3GB plan costs £8. If you’re looking for an even cheaper SIM only deal, try Vodafone’s VeryMe Rewards app, which offers exclusive deals only for SIM only customers.

o2’s SIM only deal costs just £5 a month

This SIM only plan from O2 is the cheapest in the UK and comes with unlimited texts and 1000 minutes in the UK. The price of the SIM is also flexible as it runs on a rolling one-month contract. The company promises no price increases during the contract. Regardless of your usage, you can change the SIM anytime you want. This is the perfect option for people with limited data usage or who don’t need a lot of data.

On the other hand, Lebara‘s SIM only deal comes with a usage cap to prevent nasty out-of-bundle surprises and shocks on bill statements. Plus, there is no credit check required. The company’s deals are popular among those in the know and you can save big by signing up now. There’s no credit check to get a deal with Lebara and its 10GB SIM-only plan is just £5 a month.

In addition to unlimited texts and calls, the SIM-only deal offers three gigabytes of data, plus up to 1,000 minutes and messages. This is a great deal for the money. But if you’re not in a hurry to upgrade your current plan, consider a SIM only deal from GiffGaff, which costs just PS5 a month. The price is the same, but you get more data than any other network.

Tesco Mobile’s 3GB deal costs £8

Tesco Mobile is the first retailer to get into mobile services and has since earned the respect of its customers. It offers competitive prices, affordable devices, and bundles that are worth checking out. The best part is that you can get several deals for the same device. Whether you’re looking for a new smartphone or an upgrade to an existing model, Tesco Mobile can help you make the best choice.

This contract is suitable for those who don’t want a lot of data. You don’t have to spend a lot of money upfront, and you can play around with the contract length and up-front payments. You can pay for your phone over the course of 12 to 36 months. You also pay for texts, data, and minutes separately. This means that you can get a good phone for a low price – and still be connected to the world and make calls.

Tesco Mobile’s monthly rolling contract is perfect for people with tight budgets, or for those who use their phone a lot. The monthly fee for this plan is the same as the price of 60 packs of Tesco Value Noodles. You get unlimited texts and calls, and you can even earn Clubcard points. The phone runs on the O2 network, which is better for speed and coverage.

Want even more? Read my cheapest broadband provider in the UK guide.