This article in the Independent is not a surprise. 13% claimed the overspend on unforeseen expenditures. I would however liked to have seen a break down on what the 87% of people overspend. Based on my experience it probably is the car they cannot afford, the TV system people don’t need and the holiday they booked last year that now must be over the top.
With salaries not going up it is no surprise more people are falling into this category.
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