More evidence that most Britons are living on the financial edge

There is more evidence that households are struggling to get by, with younger families suffering the most.  Almost a third of 18-34 year olds were more likely to have sold items online to make ends meet, and were twice as likely to take out a payday loan as other age groups according to a new survey.

The findings, which also suggested that 13 per cent of young people surveyed had skipped meals to save cash, come from the Centre for the Modern Family, a think-tank set up by life and pensions provider Scottish Widows.

There is more evidence that households are struggling to get by, with younger families suffering the most.  Almost a third of 18-34 year olds were more likely to have sold items online to make ends meet, and were twice as likely to take out a payday loan as other age groups according to a new survey.

The findings, which also suggested that 13 per cent of young people surveyed had skipped meals to save cash, come from the Centre for the Modern Family, a think-tank set up by life and pensions provider Scottish Widows.

For more on this story, go to http://www.centreformodernfamily.com/MediaCentre/PressResources/20FamiliesUnabletoCopeinDownturn26Jun12.aspx