Navigating cost of living challenges this summer

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Lots of people are still finding it hard to keep up with bills, food prices and other costs.

Even though some prices have stopped going up as fast, things still cost a lot more than they used to.

If you’re finding it tough, you’re not alone.

Why are things still so expensive?

Even though inflation has slowed down, prices are still high.

Here’s why:

Prices are still rising, just slower – In April 2025, prices went up by 4.1% compared to last year[1]
Energy bills are still high – Even with a small drop, they’re still 10% more than last year[2]
Food costs more – A weekly food shop is more expensive than before[3]
Rent and mortgages have gone up – It costs more to live in a home now, whether you rent or own it[4]

Tips to save on energy bills

Energy bills are one of the biggest costs. Here are some ways to bring them down:

Take meter readings – This helps you only pay for what you use
Get a smart meter – It sends readings automatically and can save money
Pay by direct debit – This can make bills cheaper and easier to manage
Ask for a breakdown – Your supplier can tell you where most of your energy is going
Get help if you need it – You may qualify for emergency credit or a grant

Check out BudgetSmart for more tips on saving on your bills.

Saving on your food shopping

Food can take up a big part of your budget, but these tips can help:

Plan your meals – Make a list before shopping so you only buy what you need
Use loyalty cards – Stores like Tesco and Sainsburys give discounts to members
Try own-brand products – They can be just as good and much cheaper
Look for yellow stickers – These show lower prices on food close to its sell-by date
Use food banks or community food hubs – If money’s tight, it’s okay to ask for help

Help with rent or housing costs

Whether you’re renting or own your home, costs have risen sharply in this area too. If you’re struggling, it’s important to check your benefits entitlement and make sure you’re getting all the support you’re entitled to.

This could include:

Housing Benefit – if you rent, this could help with payments
Universal Credit – if you qualify for the housing element, this can be paid straight to your landlord
Discretionary Housing Payment (DHP) – extra help for people on Housing Benefit or Universal Credit

You’re not alone

Lots of people feel worried about money. It can feel scary, but there’s help out there. Whether you need tips to help you plan your budget or help with debt, we’re here.