Quarter of people worried about burning through savings

 

Around half of Irish people feel they will be more careful when spending money over the coming months due to the covid-19 crisis.

A new Bank of Ireland survey shows around a quarter of people are worried about burning through their savings.

Others are concerned about their salary being cut and struggling to afford day to day living.

Shane Quinlan, Head of Financial Wellbeing at Bank of Ireland, says people are also becoming more reliant on card payments: