How households are managing financially
Over half of households (55 per cent) reported they managed well financially in 2018, an increase of 13 percentage points since 1999.
Recent levels suggest a period of recovery following the dip between 2007 and 2012.
The proportion of households who didn’t manage well has fallen by five percentage points since 1999.
Households in more deprived areas were less likely to say they were managing well financially. The gap between the 20 per cent most and least deprived areas has not changed much over time.
Perceptions of managing financially varied with household tenure. Those in the social and private rented sectors were the most likely to report not managing well.
Single adult and single parent households were the most likely to report they were not managing well financially in 2018.