Cost of living crisis: One in five Scots run out of money before payday, charity says

The results of the survey carried out by YouGov on behalf of the CAS revealed that 9% of people always lack money before receiving a salary, a pension or benefits.

Another 11% lack money most of the time.

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The charity warned it is a sign of the growing cost of living crisis “gripping the country” and reflects a five percentage point increase since last year.

One in five people in Scotland are short of money before payday, according to a Citizens Advice Scotland (CAS) survey. Date of issue: Monday, May 23, 2022.

Many people feel they have no choice but to go into debt, which puts a growing number of people at risk of poverty, according to the CAS.

This leads to an increase in demand for money and debt advice.

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CAS financial health spokesperson Myles Fitt said people are faced with impossible choices when it comes to spending.

He said: “One in five people running out of money before payday is extremely concerning, given that these numbers have increased since 2021.

“A real problem here is that revenues just don’t keep up with costs. Social Security payments like Universal Credit have actually fallen in real terms this year, and that was after last autumn’s decision to scrap the £20-a-week increase in the benefit.

“If people are worried or in financial difficulty, we encourage them to seek advice from the Citizens Advice network. This can mean our online self-help tools like or our public advice site, or a Local CAB.

The charity calls for more to be done to help people in the coming months and urges policy makers to ‘take all possible action’.

Mr Fitt added: “Counselling plays a key role and the difference it makes can be truly life changing. One in five people saw a financial gain after getting advice from a CAB last year, and the value of those gains was £4,400.

“We are here to help you, our advice is free, confidential and impartial and people should not hesitate to come and see us.

A UK government spokesperson said: “We recognize the pressures on the cost of living and are doing what we can to help, including spending £22billion over the next financial year to support people in Scotland. and across the UK.

“For the hardest hit, we are putting an average of £1,000 more a year in the pockets of working families through Universal Credit, we have raised the minimum wage by over £1,000 a year for full-time workers and our household support fund. is there to help with the cost of basic necessities.