Spend-Save-Diversify-Cut

First_past_the_post

With the recent BOE base rate cut predictably followed by wholesale cuts in interest rates offered by many vendors and now increasing inflation what plans are you making to try and counter this? No doubt as adherents to MSE we will scour savings rates, current accounts for the best deals out there however these will only produce dimmimishing returns. So will you now decide to spend as returns are so low its not worth the hassle. I am for example thinking about bringing forward by a year plans to replace my car.Will you diversify again I am considering P2P. Will you just keep calm and carry on saving. Will you cancel or postpone planned spending. And for those on low fixed incomes how will you cope?