Cost of living crisis FAQ

Authored by ARAG

People are getting increasingly worried about the cost-of-living crisis. We’ve witnessed inflation reach an all-time high, our weekly shopping bills have increased, and we’ve seen our energy bills shoot up dramatically too – and that’s despite the government’s domestic price cap.

Certainly, a big part of worry is the ‘unknown’ and we want to help reduce that. So, we’ve tackled important questions about the cost-of-living crisis head on in this article.

• How can I manage my debts?

If you are struggling to manage your debts, you can contact PayPlan. It makes debt advice simple. Getting clear, calm advice about your debts doesn’t just take the stress out of your situation, it will also help you to see the best way forward and allow you to put a plan in place. You may also wish to contact Citizens Advice too, who can give you all the right advice to make the right choices.

• I can’t sleep at night worrying about the cost of living, what should I do?

Sticking to a sleep routine is essential. Aim to go to bed at the same time every night and try to wind down before you do – take a hot bath, read a book, or do some stretches. Try to avoid screens late at night and keep your bedroom dark and cool. Keep your bedroom for sleeping only, this means phones, tablets and TVs should be used elsewhere in the house.

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