July 2022 Debtfree Issue
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NATIONAL (NOT) SAVING MONTH<br />
BUDGETING & SAVING<br />
JUST NOT<br />
HAPPENING<br />
Having a monthly budget and saving<br />
funds is really important and vital to<br />
financial success.<br />
It seems simple to say, but the reality is that<br />
many consumers simply do not budget (it’s<br />
not a lot of fun to budget and can be a little<br />
scary). Interestingly, around a third of those<br />
DebtSafe spoke to, said they had no idea how<br />
to make a budget.<br />
Times are hard and it doesn’t look like things<br />
are going to get easier any time soon.<br />
With such low levels of financial education<br />
and the ever increasing cost of living and<br />
inflation outstripping people’s ability to earn a<br />
living, in the future we might realistically begin<br />
to call <strong>July</strong>: National Not Savings Month.
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