Posts tagged ‘living costs’

Payday Advance Helps Cope With Rise In Living Costs

Have you ever experienced being financially stressed out? As it happens, many Brits feel on the edge of their finances on a daily basis. Money supermarket website has found that the average family expenses has grown by 54 pounds for each month that goes by. As the rise in living costs poses constant pressure on British households, many adults believe they cannot handle any further increases.
The stress and financial pressure that British households already face has taken its toll, with many people suffering from sleep deprivation as a result of constant financial worries.
In April, only a couple of months ago, inflation struck and hit Great Britain by four and a half percent. A massive 25% of consumers believe they are nearing a breaking point as living costs leave many breaking even.
While living beyond one’s means is tempting, sinking into debt is one thing we all wish to avoid. Nevertheless, avoiding debt is harder now that petrol prices have reached another record high, with £1.33 pounds being the new cost per one liter of petrol.
The petrol cost has left a great financial impact on one in every four British adults. The monthly budget is getting tight: while people continue to earn the same amount, they now have to spend more on regular weekly expenses. As for the biggest drain on an average family income, food comes in first for one quarter of the people surveyed. One fifth of the people in the study believe that the largest financial strain comes from utility bills.
Nowadays there is less disposable family income. For many that need to cope with pay freezes, less money is available, meaning less income and more financial stress.
The demand for a fast payday loan has grown as a result of the current financial state in the UK. Not making it till the end of the month made 58% of Brits turn to short term money solutions such as the payday advance. If you need immediate cash, a hassle free online payday advance may help sort out your finances.

May 25, 2011 at 2:00 PM Leave a comment


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