How are you doing financially?

Household money

lovemoney staff
27 September 2015 | 3 Comments

Tell us about your money situation.

There are plenty of mixed messages when it comes to the financial health of the nation.

Inflation remains low, which should be good news for many as it means that the general cost of living isn’t going up by too much. In fact, the Cebr reckons we are all £500 better off as a result of the last few years of tiny inflation.

But not everybody is feeling the benefit. Young people in particular are struggling. Citizens Advice said it dealt with almost 103,000 debt issues from young people last year, an increase of 21% on the previous year. It warned of an ‘explosion’ in unsecured borrowing among young people, which risks trapping them in problem debt.

So we want to know how you, the loveMONEY readers, are doing financially today. Is money a constant struggle, or are you feeling flush?

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