Food is more expensive, fuel prices are soaring and household bills are likely to follow.

No family will be unaffected by the economic slump.

Now we want to know what you are doing to survive it, or even to avoid it completely.

Have you got plans for cheap family outings during the summer holidays? Where are the best places to go for a good value day out?

Have you rented an allotment to dodge rising grocery bills, or have you become a mad scientist in your search for alternatives to pricey petrol?

Or have you taken the "speculate to accumulate" route? Have you bought a bike for short trips, or decided to invest all your cash somewhere safe from the fluctuating interest rates, like Premium Bonds?

Let us know below.