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AN OVERWHELMING EIGHT out of ten households in Ireland have reduced spending to deal with the economic downturn according to the Central Statistics Office (CSO).
The figures come from a breakdown of research from September 2012 and also shows that 40 per cent of households have experienced problems keeping up with bills and debts.
The CSO numbers released today contain a raft of facts that demonstrate how people are struggling to deal with the economic crisis. Cutting back on going out to pubs and restaurants is the most likely area of saving with 65 per cent of households going out less, but this is far from the only area of saving:
(Source: Central Statistics Office)
Some 14 per cent of owner occupied households with a mortgage were unable to make mortgage repayments on time at least once while almost one in five (19 per cent) of all renters say that they were late with rent at least once.
Debt
43 per cent of households surveyed said that they were experiencing great difficulty or some difficulty keeping up with debt with 69 per cent of single parent households saying they were in difficulty managing debt.
Looking specifically at those in debt difficulty, one surprising finding is perhaps that the biggest reason for problems was not necessarily a reduction in income. 47 per cent those struggling said that problems were due to loss of income while 73 per cent said it was due to higher than expected or additional costs.
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Does anybody know if Pat Kenny is leaving RTE I can’t find anything about it on the Journal
Does anyone know if Pat Kenny has cut back his spending?
I read somewhere that live register numbers have fallen again according to CSO figures.
Who’s Pat Kenny ?
Front page of Daily Mail states he is going to Newstalk as they have doubled his current wages
yes more and more leaving the country
Didn’t you say the exact same thing on about 3 other articles so far ?
I don’t know what a tracker mortgage is.
course it was the moola Pat, he’s such a rat
I have to confess I broke out today and bought a mag in Easons,First one in ages
Ah jaysus Frank could you not afford the owl adult channels on sky anymore!!!
The old, Pay 4 screw
I miss being able to afford going to the pub every week.
I can afford a night out each weekend with my pals! Socialising and getting out is very important!
Irish ppl will always find money for a pint.
Cutting back is right, I haven’t gone out to a pub in ages, the weekly shopping is to a minimum & the next cutback is TV Apparatus licence!!! No more money is goin to those feckers!
When the water rates come in will they go to Europe too just like household tax? Government can’t be believed or trusted.
And with this we’ll be told to increase our spending to get business again all while being cut deeper then be told we should have saved.
Everyone has cut back except TDs.
Tds got done by croke park 2 also
They did but if I was on their salery losing 10% is not much pain to take.
Public Got done.
Salary cut yes but TD’S and minsters
Expenses is huge a TD I know says he can live of his expenses every month and never touch his wages. As for government minsters their dry cleaning
Unvouched allowance is €5000 to name but one. Top civil servant also get these allowances.shameful…
Groundbreaking.
Statistics have a way of coldly pointing out what is already common sense.
You always seem to use that photo, she really should have gotten a trolley.
There’s nothing I like more than a good statistic, especially when it confirms an opinion or idea of mine. But I feel in this instance, nobody needed stats to make the points made in this article.
Next you’ll have an article describing how statistics show there’s less rain on days of full sun coverage.
Not me. I spend more
She doesn’t need a trolley, she has cut back on spending, ha, ha
I’m up in Newry 4 times a week buying essentials for half of my estate. We’re saving quite a bit, but the real bonus is knowing that the VAT we pay won’t be going to pay wealthy criminals debts!
Nope, will just be going away from your own country into the UK exchequer.
Yeah, but at least the UK will reinvest it in the UK economy.
She probably just intended to get a couple of things. You know yourself.
In other earth shattering news allegedly up to 41% of statistics in these blindingly obvious “news’ stories are not actually accurate and and up to 59% of don’t knows actually already know
Wow, the UK sure sounds swell!
Minister have taken a hit to their wages but their un-vouched expenses have risen to compensate the loss . Lol ,
They think we’re thick and if we were sure we would be giving all our oil and gas reserves away for nothing.
But Vinny the cut to their wage still does not put them anywhere near the majority of the wages or the pain the rest of the country is feeling. I agree with your expenses point.
Sorry man , I meant that as sarchaism about the ‘political welfare recipients ‘
Who get us to pay for their private healthcare because they wouldn’t use the one they expect the rest of us to us.
I didnt pick up on that haha
In other news, the pope is a catholic
The ‘Long Term” unemployed haven’t….you look at their shopping trollies…full to the brim of expensive “nutritious” foodstuffs…the rest if us scrimping for offers..great little country if you could put a roof on it…
Nice generalisation there. Come look at my trolly you ignorant troll
I’m more concerned with the fact that he seems to seeks out the long term unemployed to follow them to the supermarket and lurk around their trollies, but whatever blows your skirt up, Jimmy!
Not really Seamus…you know who I mean by the “Long Term” Unemployed…I suppose you could call them the “permanent” unemployed….unless you are one of those…
you must be blind like the fella in your profile pic jimmy to make a stupid comment like that
so 82% of us have cut back while the other 18% have not…no doubt those in the 18% bracket are the cretins that got us in the financial mess!! The poor get poorer and the rich get richer
Buy the butter missus you need it or you don’t. you already bought kitchen towels and fairy.
And in other news….. Bear sighted sh1tting in woods.
And finally it has emerged that 89% of 100 is shockingly exposed as being short 11% …government budgetary watchdogs say the shortfall must be made up from cuts to public services in thud years budget !!!
No shit Sherlock. Hmmm.
i’ve cut off UPC, using a wind up internet modem at the moment and my laptop is now powered by solar panels
Since I retired in 92 I have year on year upped my spending on all fronts. My daughter keeps asking me to slow down. Seems there won’t be enough left for herself and her brothers.
Apart from Newstalk…
Cut spending? Get away outta da!! Course if we paddys weren’t such piss faces, We’d be minted! Jus sayin LIKE ;)
How to Clawback the unjust and offensive Local Property Tax on your Family Homes.
- “Give up your ol’ bins” – get a bin partner, preferably one with an exemption : Save €360
- “Give up the smokes” – it wont kill you but it will kill the taxman : €2500
- “Give up your high street shopping” : free parking out of town : Save €150
- “Give up your Daft Car Tax” : only when you need it : Save €250
- “Give up the new cars” : No VRT on used cars : Save daft €6000 : “Not Green Jersey anyway!”
- “Give up Med1 lapses” : submit without fail. Save €250
- Give up your Direct Debit for the LPT” : write ‘em a cheque every month.
“Dont get angry with the taxman, get even : why not get everything!”
Keep your hard earned money for your Family.
————————————————————
http://www.facebook.com/LocalPropertyTax
Almost everyone has less money…?
Except minsters TD’S and top civil servants.
I made sure to include “almost”!
And our glorious leaders continue to pile on the taxes like confetti !
State employees being the exception.
allmost everyone.but not the ritch
I think the gov. Will look at all the Galway races photos & think, they can all be squeezed for a few more quid.
Toilet paper is a luxury in the States. If you’re buying with food stamps, which half the Country receives in one form or another the shops charge you for toothpaste also in monetary funds. So you can have a dirty ass & rotten teeth if you’re claiming welfare there.
Food stamps. Good idea Mary. Maybe children’s clothes stamps. Might make sure ppl are spending the money on what it’s intended for. Obviously you’d have to look at the bog roll / toothpaste scenario too.
Mary, wrong-o
WOW ! Journo of the year award goes to …
Your joking, no way.
We are not broke the so called elected by the minority government are handing away our wealth and resources .
Check out this video on YouTube:
Such insight.
Someone’s really on top of their game with this “report”
NO SHIT :|
What???We have to spend less? Nobody told me. Uh oh! Seriously though we are being wiser. I think.?
Well yeah…15 euro Cabernet/ jumilla has turned into screw cap bottles and 5 year old normal whisk(e)y….
@Mark Owens; this is news. And obvious
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