MABS sees 10% surge in families in debt due to soaring cost of living

Money Advice and Budgeting Service calls for targeted supports in Budget 2026 amid spiralling cost of housing and utilities 

South Munster MABS sees an average of 190 new clients every month in the region. 'That’s not just a number — it reflects hundreds of households facing choices between heating, rent, food or mortgage payments.' Picture: iStock

A branch of Ireland’s money advice service has urged the Government to introduce targeted budget supports to address spiralling debt and housing pressures following a surge in its caseload.

The South Munster Money Advice and Budgeting Service (MABS) issued the call after reporting a 10% rise in caseloads across Cork since the start of this year.