Poll: 20% of adults have no cash after paying bills

Almost 20% of adults have no money left once they pay essential bills each month and more than half have less than €100, according to the Irish League of Credit Unions.

In the third of its “What’s left?” tracker surveys, the ILCU also claims that 50% of people are now struggling to pay their bills on time and 42% of consumers have had to borrow money to make the payments in the last 12 months.

ILCU questioned 1,000 adults nationwide about their financial situation. From the answers, it extrapolated that 1,855,000 people now have less than €100 left at the end of each month once essential bills are paid. Of those, 630,000 had no money left at all. In July, when it completed its last survey, there were 602,000 in the position.