‘You're losing money’: How to feel ‘secure’ with your finances despite inflation hike

To help build up an emergency fund, people can add it into their budget and treat it like a monthly expense.

Before investing, he warned Britons to have a fully funded emergency fund.

If people have saved enough and want to start investing, he gave some things for them to consider.

Mr Morrow continued: “If you’re not an experienced investor like a lot of people aren’t, then have a look at retail investments.