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Over the course of the last year, many of us have been forced to turn to friends and family, or high-cost borrowing alternatives, just to make ends meet.
In fact, more than a fifth (23%) admit to having done so, with 61% financially affected by the pandemic and 19% seeing a reduction of income as a result, according to new research from borofree.
During this period, more than a quarter (29%) struggled to pay and budget for their outgoings. This is made worse by the fact 45% had no savings to fall back on, and of course meant 26% were not able to save any money since the start of the pandemic.
Aston spoke to Jasmine Birtles, money and personal finance expert to give her tips and advice and remind people that they do not need to feel like they are on their own.
Photo by Colin Watts on Unsplash