More than half of households couldn’t afford an unexpected €1,000 expense, poll finds

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More than half of people said their household would not be able to afford an unexpected, but necessary, €1,000 expense.

Image: Shutterstock/Kmpzzz Image: Shutterstock/Kmpzzz NEW POLLING HAS shed light on the impact the cost of living crisis is having around Ireland with more than half of respondents saying their household would not be able to afford an unexpected, but necessary, expense of €1,000.

Those in Dublin expressed greater confidence in their ability to pay, with 46% saying they could afford it, versus just 31% of respondents from outside the capital. Again, the answers broke down noticeably differently along gender and geography lines with 70% of women saying they would struggle to absorb the additional cost, versus 57% of men. The figure for Dublin was 54% but it rose to 66% outside the capital.

Getting into debt has also increased with one in every three people saying they have had to borrow more money or use more credit than usual in the last month, compared to a year ago. The figure rose to 38% for women and 42% among people aged under-35. “I think the cost of living is something that’s probably more salient for women, in the short run – though it’s not to say it’s not relevant to men. Whereas in the past an unemployment shock did disproportionately affect men, because of the sectors involved, with the cost of living, it’s probably something women are much more conscious of than men, at the moment,” O’Neill said.

 

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Inflation is Taxation.

Yet they still hrsr in the wider americanised culture that they are privileged.

How is this news? People are taxed to oblivion on everything. Indirect taxes are the real killer. Every year the government take more and piss it away.

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More than half of households couldn’t afford an unexpected €1,000 expense, poll findsNearly two-thirds of people also said they would not be able to comfortably afford energy bills if they rise again in the coming months. How is this news? People are taxed to oblivion on everything. Indirect taxes are the real killer. Every year the government take more and piss it away. Yet they still hrsr in the wider americanised culture that they are privileged. Inflation is Taxation.
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