How to Save Money During Inflation in the UK
Many countries are struggling against inflation. The official government consumer price index has risen to 10.1% (Sept 2022) in the UK over the last year. In reality, CPI is probably double the official figure as many items have seen much more significant rises. This is a direct result of quantitative easing and the low-interest-rate policies pursued by governments and central banks to provide a short-term stimulus to the economy while simultaneously stealing the savings from the working poor.
How to save money during inflation in the UK is the critical question for those who want to ensure they have enough money whenever there’s an economic shock and what can be done right now during this time of widespread government created high inflation.
The only long-term answer for many people will be carefully saving money and investing in assets outside the ‘banking system’ with a strong history of preserving value or delivering returns even when economies are weak, inflation is high or both, such as gold and silver or Bitcoin.
In the short term, options are available to ensure that you have enough money in your wallet to act as a buffer against this rising inflation.
Perry Stevens is the founder of BIGPriceDrops and a long-time digital marketer with a practical interest in helping UK shoppers find better value online. He focuses on clear, no-nonsense money-saving content, Amazon UK deal insights, and buyer guides that help readers spot genuine savings without falling for misleading discounts or impulse-buy traps.
When he is not working on BIGPriceDrops, Perry runs Blend Local Search Marketing and works on digital projects covering SEO, AI tools, and online business growth. His approach is simple: help people make smarter decisions before they spend their money.