More than half the households in Britain find it difficult to pay their bills at the end of the month, according to a report released Friday released. Approximately 52% of the 5,000 people questioned in a survey said that struggles to make ends meet, according to the report of the Money Advice Service, a financial advisory service set up by the government. In 2006, this figure was 35% in a similar survey was carried out. With the economic crisis that employs more people is the need "to make ends meet until the next time you paid only to put money aside," found in this survey. Therefore one in five (21%) say they would prefer a check of £ 200 to be paid to him immediately by a check of £ 400 to be paid to him in four months. 42% of respondents also stated that they should "think about it" if it is forced to deal with an unexpected expense of £ 300 (about 343 euros). "We recognize that they are still difficult times for families but still maintain our course and the British economy is on the road to recovery," said spokesman for the British Treasury. The Money Advice Service also found large gaps in the management of the budget, which only worsen the economic situation of households. About 16% of respondents also unable to recognize the balance of a bank statement and more than 35% did not understand the impact it can have inflation in economies. "Theoretically, the money management is simple: Spend less than what you take and prepare the future. Yet when someone applies this in the real world, then difficulties arise," noted Caroline Rooke, director of the Money Advice Service.
Posted on: Fri, 02 Aug 2013 19:22:28 +0000
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