Almost half of people dipping into their savings to cover everyday costs | ITV News

14 comments

1. Is this just not life? Having to manage your money?

2. Reminder that we pay the government taxes partly to either not let things get this bad or to do something about it – they haven’t really been up to a whole lot have they.

3. Doesn’t surprise me, been doing the same. Hopefully my interview on Tuesday goes well.

4. What savings?? I’m literally living paycheck to paycheck and even the overtime I do just about covers my costs

5. People I know laugh and call it credit card week…cause their whole pay check is gone after 3 weeks…lately its credit card fortnight.

6. I thought less than half of people had any savings.

   Is this half of everyone, i.e. everyone who has savings, or half of those who have savings?

7. All my income plus savings goes into food, rent and daycare.

8. DEAR UK CITIZENS.

   Your government thanks you for your payments.

   Don’t let that credit score dip!

   WHO THE FUCK HAVE SAVINGS

9. I don’t have savings. I can’t even afford to pay into my pension due to the net financial risk that’ll put me in with regards to rent + utilities, not to mention essentials.

   I imagine that latter point is going to crop up in the news sooner or later as a wider issue.

10. What is this thing “savings” they speak of.

     Heard about it, never seen it

11. Nice if I could dip into savings and not credit card

12. And some would still advocate for higher taxes on the middle class. Unless you’re earning an insignificant amount under the tax threshold or are really good at money laundering there is absolutely no reason to live and work in this country anymore.

13. Savings? People still have savings? Wiped all mine out and I did have a fair bit! Fucking tories I hate them! As for that wet lettuce won’t use her name she should crawl under a rock and die.

14. Yeah and the rest don’t have any savings, we’re just ending each month deeper and deeper into our overdrafts.