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Finance

Industry experts have acknowledge that household budgets at present are stretched beyond their means, and this has stemmed from high living costs, increased borrowing costs, rising bills, and soaring petrol and food prices.

Many households have already been pushed over the financial edge, and many are likely to be in the coming months. However, despite these financial difficulties it is vital that consumers do not ignore their debts and other financial commitments, as the situation will only get worse.

 

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