5.4 Million Spend More Than They Earn
A staggering 11% of the population or 5.4 million people spend more than they earn every month. In addition to this 13% break even and 53% end up with less than £100 in their current account when all expenditure for the month has been covered. With Credit Action reporting that current personal debt in the UK is £1.64bn this is surely a massive cause for concern.
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