1 in 5 Samaritans calls due to ‘extreme financial distress’
News
One-in-five calls made to the Samaritans concerns ‘extreme financial distress’.
The work the Samaritans do and the sort of calls their listeners receive makes its statistic a scary one. Personal finance is an inevitable aspect of our lives; society functions around it, and it is inescapable. But is this system really functioning if a bump in the financial road leaves a fifth of people feeling so trapped they have nowhere left to turn?
Matthew Mitten, Partner at Secondsight believes these statistics reflect a larger societal problem: people are ashamed to admit they are struggling with money.
Read the full article, and all of Matthew’s comments, here.