32% of people ‘have £100 or less left in their account at end of each month’
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. This is an increase from 57% who said this in July and 62% who felt this way in August, according to the research carried out for Nationwide Building Society. We expect many to cut back into their discretionary spending in order to manage their budgets Mark Nalder, Nationwide Building Society The value of spending in discount stores increased by 28% annually in August. Mark Nalder, payments strategy and performance director at Nationwide Building Society, said: “Money worries have peaked this year, which is perhaps not a surprise after many people juggled the expectation to spend during the summer with continued high living costs.
History of this topic
One in 10 people has less than £25 left each month after bills, survey finds
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