Research statistics from Money Advice Trust
Statistics | 08/06/22
Research carried out by the Money Advice Trust highlighted some important cost of living statistics, as follow:
- 25% of adults are using credit to pay for essential bills and food
- only one in five adults feel prepared to deal with the rising cost of living
- in the next three months, 20% of adults expect that they will have to borrow money within the next three months to pay for essential bills.
Source: Money Advice Trust