Three in four (76%) admit to just breaking even or over-spending each month. This is according to the 2023 European Consumer Payment Report from Intrum, the credit management services provider.Īs inflation outpaces wage growth, consumers find themselves with considerably less money in their pocket. 16, 2023 /PRNewswire/ - Millions of consumers across Europe are losing sight of their monthly spending and household outgoings, as almost half (45%) of consumers admit to being taken by surprise by how much their subscription fees build up without them realising. One in five consumers have no `cash buffer' to fall back on in the event of difficulties Three in four (76%) are just breaking even or are over-spending each month, with the average over-spender exceeding their budget by EUR 232 Generation gap means over half (52%) of millennials and 53% of Gen Z struggle to keep track of subscription spending, compared with 34% of Baby boomersģ0% of consumers are planning to increase their use of buy-now-pay-later products Almost half (45%) of European consumers are caught out by the build-up of monthly subscription costs
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |