TDs’ $6,500 raise is more than most people’s savings

When asked how much they have for a “rainy day fund” in case they lose their job or need emergency funds, a worrying 67 percent of people admit to having less than $5,000 in savings in the latest independent Sunday poll. About one in four has none at all.

Asking someone’s opinion is one thing. Opinions can change. Asking them about their finances really gets through the undergrowth to the heart of the problem facing low and middle income families across Ireland in the current livelihood crisis. It shows how close many are to the brink, especially as the Economic and Social Research Institute (ESRI) forecasts that 43 percent of us will soon be living in “fuel poverty”. TDs’ $6,500 raise is more than most people’s savings

Fry Electronics Team

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