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Household Budgeting and Financial Planning

26 October 2011

This market research was conducted for the National Consumer Agency by Amárach Research in May/June 2011. Among its main findings:

  • 64% of consumers indicated that household income had decreased since the same time in the previous year
  • There has been increase of five percentage points to 16% in the proportion of consumers who believe that Ireland will be through the worst of the recession in 12 months' time
  • One in two Irish consumers budget for household expenses
  • Those who operate a budget are most likely to do so on a weekly basis
  • Almost 1 in 4 (23%) have found themselves in financial difficulty within the past 12 months
  • Over 7 in 10 (71%) shop around for car insurance, with over 6 in 10 (62%) doing so in relation to house insurance, and the corresponding figure for health insurance was just over 1 in 2 (52%)

View Amárach's presentation of the key findings (PowerPoint, 2.3MB)