Pressures of the cost-of-living crisis means households saved €4,500 less this year than they could in 2020 as disposable income plummeted.
New data from data from the Organisation for Economic Co-Operation and Development (OECD) revealed families are worse off by thousands of Euro.
Money experts at Finder.com analysed the figures and found that Ireland has had the biggest drop in disposable income across the OECD’s 28 countries.