Brits worry about financial future
A survey conducted after the chancellor Alistair Darling's budget has
found that five out of six people are now concerned about their ability
to meet their financial commitments.
Almost a third of householders said that they were very worried and
didn't know if they could cope for much longer, with over half saying
that they had noticed their bills rising and were covering their bills so far - but were worried to a certain extent.
Tim Moss, head of loans and debt at moneysupermarket.com, said: "I am
really surprised by the extent of worry out there.
"Just 16 per cent of Brits said they had no financial worries,
indicating people from all walks of life and income levels are feeling
the pinch from rising bills and taxes. People should start by gathering
their paperwork and working out the true scale of their problems. From
there they must prioritise bills and pay the essentials such as mortgage
or rent first. Non-essential items such as magazine subscriptions and
pay-TV might have to sacrificed."
March 26th 2008
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