22/10/2012

'What's left' Survey Finds Disposable Income Decreased Further

More than 1.8 million people are left with €100 or less at the end of the month after essential bills are paid, according to the latest “What’s Left” tracker survey.

The survey, carried out by the Irish League of Credit Unions, also shows that half of all adults are also struggling to pay their bills on time.

Other statistics show that 42% of consumers have had to borrow money to pay bills in the last 12 months and only three in ten are able to save any money at the end of the month.

Levels of disposable income are also continuing to decrease with an increase of 35,000 since June in the numbers with just €100 or less at the end of the month.

Eight out of ten consumers are worried that they will not be able to cope with the increasing energy costs this winter.

The tracker also found 96% of consumers are worried about the impact the 2013 Budget will have on their incomes.

The survey was carried out last month and is based on 1,000 responses from adults aged between 18 and 65 years of age.

(H)


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