Financial difficulties can be experienced at all life stages and may be an ongoing feature of a person’s life or only a passing phase. People in financial difficulties are more likely than average to be women, living on lower incomes and have experience of mental health issues.
Work to support people in financial difficulties can be considered from three perspectives:
Priorities for the Strategy include early intervention, increasing engagement, building a savings habit and measuring the impact of debt advice.Learn more
Different life stages have an effect on people's ability to manage their money.