40 percent of Irish borrow to pay bills and live on less than $130 per month
96 percent of adults in Ireland are worried about 2013 Budget
A “What’s Left” tracker survey, released by the Irish League of Credit Unions, shows that 1.8 million people in Ireland are left with $130 (€100) or less every month, after bills are paid.
The survey showed that 50 percent of adults were having difficulty paying all their bills while 42 percent have had to borrow money in the last 12 months to pay them.
Only one in ten Irish people are able to save money at the end of each month and eight out of ten consumers are worried that they will not be able to cope with the increase in Ireland’s energy costs this winter.
The tracker found that 96 percent of consumers are worried about the 2013 Budget, details of which will be announced this December.
The Irish League of Credit Unions survey was carried out during September 2012. It was based on the responses from 1,000 adults between the ages of 18 and 65 year of age.