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16/04/2012
Households Left With Just €100 After Essential Bills
A new survey commissioned by the Irish League of Credit Unions has highlighted the financial hardships faced by households.
The 'What's Left' disposable income tracker index was carried out last month among 1,000 respondents and reveals that 47% of householders - or more than 1.5m people - are left with €100 or less at the end of each month after paying their essential bills.
Nearly two-thirds of those surveyed have less disposable income than at this time last year, and marginally more say they are really worried about falling behind with their bill payments.
Almost half of motorists said that due to the rising cost of motoring they were struggling with their car finances, with one in five switching to a smaller car to save money.
Over two fifths of households stated that they had no intention of paying the Household Charge, the majority of them saying they will not pay as they cannot afford it.
Almost one in ten respondents revealed that they will not pay until they are threatened with legal action.
The 'What's Left' disposable income tracker index was carried out last month among 1,000 respondents and reveals that 47% of householders - or more than 1.5m people - are left with €100 or less at the end of each month after paying their essential bills.
Nearly two-thirds of those surveyed have less disposable income than at this time last year, and marginally more say they are really worried about falling behind with their bill payments.
Almost half of motorists said that due to the rising cost of motoring they were struggling with their car finances, with one in five switching to a smaller car to save money.
Over two fifths of households stated that they had no intention of paying the Household Charge, the majority of them saying they will not pay as they cannot afford it.
Almost one in ten respondents revealed that they will not pay until they are threatened with legal action.
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Ireland WeatherToday:Dry and bright start but scattered showers soon developing in the west. These showers will become heavy and possibly thundery by afternoon, gradually extending eastwards later. Maximum temperature 22 °C.Tonight:Cloudy with any lingering showers soon dying out. Then a few clearer spells possible before low cloud spreads in through the early hours, with coastal fog in places. Minimum temperature 9 °C.
