Feeling the Pinch: a poll for 5live and what you've told us
I reported from Leicester, Hinckley, Wolverhampton and Birmingham. From a mum on the school run in rural Leicestershire to a whistle factory in the West Midlands, we attempted to reflect what, in practical terms, the blizzard of pessimism means.
We also - alongside BBC Breakfast television and the BBC News website - commissioned the polling organisation Comres to conduct a poll along similar lines, and also tap into the country's views on Wednesday's public sector strikes.
But here on the 5live blog, I thought I'd share a few of the comments you sent us:
"I have swopped to a water meter, lifted my right foot off the accelerator; 60 mph will do. Sky TV will be cancelled. Can watch online or iPlayer. Cheap meats and veg bought at the supermarket. A good portion of liver is just 61p," Graham Leggett told us.
Susan Wrigglesworth writes: "I've stopped shopping online at sites like Debenhams, M&S, Amazon and Boots etc. It was all too easy to justify the extra £100 here and there. In other words - No more luxuries."
"Moved closer to rail station; travel by train more often; stopped shopping at Waitrose in favour of local market stalls, stopped using main car dealer, stopped eating bread, joined Taxpayers' Alliance, write more letters of complaint to MP and local council," Steven Clarke said.
Genevieve Ellis sent us this: "We only have the heating on for one hour a day in the morning. We don't eat out very often any more and I am trying to find a job - not easy as I haven't worked for 11 years, as I have been raising my family, and I am in my mid-fifties!"
And what do you make of John Carmichael's perspective? "How do I save money? Well, I follow the example my parents always showed me - only buy things if I have the money to do so; save up for larger purchases, don't go into debt. I saved for the "rainy day" - and the "rainy day" has arrived. For years people have spent beyond their means and that is why we are in the mess we are in."