Are you spending more than you earn each month?

If so, you’re not alone.  A survey by Bright Grey has suggested that 33% of UK adults (equivalent to 16 million people nationwide) are either spending more than their salary each month or are just about managing to break even.

Bright Grey’s findings show that 11 million Brits just about match their outgoings to their net monthly salary, with nothing left at the end of the month.  Furthermore, a worrying 4.9 million people across the UK say they are regularly spending more than they earn.

 

Source:  Credit Action – February 2012 edition

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