See the difference between what people think causes debt, and what really does—in a neat graphic.
The light green bars show what people surveyed thought was the biggest cause of financial difficulties.
The reality is shown in dark green.
The publishers, the Consumer Credit Counselling Service, say that nearly half the debt problems of their clients are actually caused by work issues such as redundancy, reduced working hours or a pay cut. Life issues, such as divorce, bereavement and illness, are another common cause. Overspending is the main cause of debt in only 10 per cent of cases.
Provided by cccs.co.uk
More discussion of this, and a fuller breakdown at the CCCS website.