08 May OVER half of Young East Anglian Residents Have Missed a Meal because they’re Hard Up
YOUNG East Anglian residents are feeling the financial pinch and forgoing food due to lack of money, according to new research.
Over half of 25 – 34 year olds (57%) have confessed to missing a meal because money is too tight, whilst more than four fifths (86%) have given up, or cut down, on things they enjoy due to financial misfortunes. However, it’s not just the younger generation feeling the pinch of the purse strings.
The research which was conducted by MoneyExpert.com, found that over a quarter of East Anglian residents (27%) are financially worse off than they were just two years ago.
In a bid to save a few pennies, East Anglian residents are shunning personal treats and expenses such as clothes shopping (45%), meals out (38%), TV subscriptions (14%) and even holidays (43%). Whilst nearly a third (32%) have needed to walk to work, or their place of study in order to save money.