Behaviour change with rising cost of living

• Behaviour changes due to the rising cost of living are on the whole consistent with wave 4
• On the increase are using savings and borrowing money from family or friends

This chart shows the things that wave 5 residents are doing because of the rising cost of living
68% Spending less on non-essentials
52% Spending less on food shopping and essentials
45% Using my savings
44% Using less fuel such as gas or electricity in my home
42% Shopping around more
29% Cutting back on non-essential journeys in my vehicle
24% Using alternative modes of transport (i.e. walking or cycling)
23% Using credit more than usual, for example, credit cards, loans or overdrafts
21% Eating less/missing meals to save money
17% Borrowing money from friends or family
16% Working more hours than usual
10% Using cash to pay for things more to help me control my spend
7% I have been unable to pay an important bill such as electricity, gas, rent or mortgage
6% Claiming benefits
5% Started using foodbanks/ using them more
2% Claiming free school meals
1% Other
7% None of these
It also shows the things that wave 4 residents are doing because of the rising cost of living
70% Spending less on non-essentials
56% Using less fuel such as gas or electricity in my home
51% Spending less on food shopping and essentials
38% Using my savings
48% Shopping around more
44% Cutting back on non-essential journeys in my vehicle
30% Using alternative modes of transport (i.e. walking or cycling)
26% Eating less/missing meals to save money
22% Using credit more than usual, for example, credit cards, loans or overdrafts
17% Working more hours than usual
12% Borrowing money from friends or family
13% Using cash to pay for things more to help me control my spend
9% I have been unable to pay an important bill such as electricity, gas, rent or mortgage
4% Started using foodbanks/ using them more
1% Other
3% None of these