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UK Families Overspend by £325 on Essentials

UK Families Overspend by £325 on Essentials

Leicester News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 18, 20261m 36s

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Show Notes

UK families are overspending by £325 monthly on essentials due to rising costs and falling take-home pay. The average household spends £2,170 post-tax, down from £2,558 three months ago. Half of workers earn less than £30,000 annually. A Portsmouth couple, earning £75,000, struggles to save for a home deposit, highlighting the financial strain. Experts suggest the fifty-thirty-twenty budget rule and shopping around for better deals to ease the squeeze.

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