Household budgeting and financial planning 2011
Summary
This market research was conducted for the National Consumer Agency by Amárach Research in May/June 2011.Publication details
- Publication date:25 October 2011
- Industry:Financial and insurance services - L
Documents
Research report financial planning 2011PDF | 8380 KBResearch report financial planning 2011 PDF | 8380 KB - Opens in new window
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%).
