November 19th, 2008
Cash Strapped Brits Worried About Christmas
As the festive season approaches, the struggles that everyday people go through have been highlighted.
As Christmas draws in, every day people’s struggles have been highlighted.
Head of personal finance, David Kuo from money website Fool, believes that large numbers of people across the country that are simply living “from hand to mouth” will struggle to put any money aside in time for Christmas.
The continuing squeeze on finances being caused as a result of the credit crunch is behind such difficulty in the run-up to Christmas, Mr Kuo said, arguing that this increased expenditure on everyday household bills has stopped people from saving any of their hard earned cash for Christmas.