Eight in 10 say January will be toughest yet financially

According to a new survey from Nationwide, 84% of people expect this January to be the toughest yet financially due to Christmas spending added to debt from the cost of living crisis. More than half (52%) believe January is the time of year that causes the most financial stress. While 51% blamed Christmas spending for January being a tough month, 43% highlighted energy costs as a factor. Added debt due to the increased cost of living was a significant issue for 37%. 

The Independent (15/01/2024)