“The other day I helped a nurse who is struggling to make ends meet, even though she is working overtime”, says Yvonne Parks, a debt team manager at Citizens Advice South Gloucestershire. “Her rent is over half her take-home pay – and that is not unusual.”
Yvonne’s client is just one of millions who are running into financial difficulties, as new research shows that four million people are losing money every month after the cost of essentials. This includes households with more than 860,000 children, the figures from Citizens Advice reveal.