Close Menu
KumbhCoinorg
    What's Hot

    ‘I don’t have a buoyancy aid’: Living without the Bank of Mum and Dad

    September 23, 2026

    Bitcoin Investors Buy Nearly $1B In BTC ETFs

    September 23, 2026

    Ssunita Ahuja breaks silence on divorce rumours, says she doesn’t regret marrying Govinda | Hindi Movie News

    September 23, 2026
    Facebook X (Twitter) Instagram
    Trending
    • ‘I don’t have a buoyancy aid’: Living without the Bank of Mum and Dad
    • Bitcoin Investors Buy Nearly $1B In BTC ETFs
    • Ssunita Ahuja breaks silence on divorce rumours, says she doesn’t regret marrying Govinda | Hindi Movie News
    • How a Nagoya baseball ground was transformed into an Asian Games cricket venue | Asian Games 2026 News
    • Shardeum Integrates Houdini Swap | AlexaBlockchain
    • ECB to invest part of its own funds in tokenised securities
    • Instructional Design Certificate: How To Choose The Right Program
    • Jury Convicts Man Who Shot 3 Palestinian Students Near Home in Vermont
    Facebook X (Twitter) Instagram
    KumbhCoinorg
    Wednesday, September 23
    • Home
    • Crypto News
      • Bitcoin & Altcoins
      • Blockchain Trends
      • Forex News
    • Kumbh Mela
    • Entertainment
      • Celebrity Gossip
      • Movie & TV Reviews
      • Music Industry News
    • Market News
      • Global Economy Insights
      • Real Estate Trends
      • Stock Market Updates
    • Education
      • Career Development
      • Online Learning
      • Study Tips
    • Airdrop News
      • Ico News
    • Sports
      • Cricket
      • Football
      • hockey
    KumbhCoinorg
    Home»Market News»‘I don’t have a buoyancy aid’: Living without the Bank of Mum and Dad
    Market News

    ‘I don’t have a buoyancy aid’: Living without the Bank of Mum and Dad

    kumbhorgBy kumbhorgSeptember 23, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    ‘I don’t have a buoyancy aid’: Living without the Bank of Mum and Dad
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    In a recent survey of more than 5,500 people, commissioned by Citizens Advice, 36% adults said they were behind on at least one bill, but for those in their 20s that figure climbs to 57%.

    Ezgi Polat is one of them. When the 23-year-old, from Ramsey in Cambridgeshire, lost her job 12 months ago, her family weren’t in a position to help, so she quickly fell behind on rent and bills.

    “My parents were struggling financially, just like I am, just like everyone else…. I got myself in arrears, a lot of debt because I just couldn’t afford it – £300 was not covering any of my bills at that point.”

    Her local bus service was cancelled, making trips to the job centre increasingly difficult, so her benefits were then cut. She was receiving £360 a month in Universal Credit, but with rent at £460, plus utility bills, council tax and living costs, her total debt spiralled to about £4,000.

    After turning to Citizens Advice for help, her rent arrears were wiped out by the council three months ago, and she’s agreed to paying £200 a month to both her electricity and water company in repayment plans.

    She’s delighted to have now got work in a warehouse and feels like life is getting back on track, but it’s not been an easy road.

    “A lot of older people feel like we’re not ambitious enough, or we’re not striving hard enough, but they’d be surprised at the amount of people out there so desperate for work and so desperate for support but with nowhere to turn to,” she says.

    The latest government figures show that just under a million young people are currently not in employment, education or training.

    A government spokesperson said “We are determined to restore hope and deliver opportunity for young people in every postcode. That’s why we are investing £2.5 billion to create opportunities for young people to earn or learn through more apprenticeships, job grants, and training. And for those moving out for the first time, our Renters’ Rights Act gives tenants more rights and protection from excessive increases.”

    But Luke Young, head of policy at Citizens Advice, thinks young people are trapped between rising costs and a difficult jobs market.

    “For young people right now the divide is growing bigger between those who do have financial support from families and other networks, and then those who don’t. Young people who don’t have that wider support network are being let down.”

    Additional reporting: Adam Clarkson and Elliot Deady

    aid Bank buoyancy Dad dont Living mum
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin Investors Buy Nearly $1B In BTC ETFs
    kumbhorg
    • Website
    • Tumblr

    Related Posts

    Global Economy Insights

    Cheap Groceries, Costly Consequences: City-Run Stores Ignore Second-Order Effects

    By kumbhorgSeptember 22, 2026
    Stock Market Updates

    Vardhman: 3660 Crores Capex

    By kumbhorgSeptember 22, 2026
    Market News

    Sir Jim Ratcliffe suspends production at key UK plants blaming high gas prices

    By kumbhorgSeptember 22, 2026
    Blockchain Trends

    OCC Conditionally Approves Bastion Trust Bank Charter

    By kumbhorgSeptember 22, 2026
    Stock Market Updates

    22 September, 2026 – Alpha Ideas

    By kumbhorgSeptember 22, 2026
    Market News

    Flights at major US airports delayed after cable cut by construction workers

    By kumbhorgSeptember 22, 2026
    Add A Comment

    Comments are closed.

    Don't Miss

    ‘I don’t have a buoyancy aid’: Living without the Bank of Mum and Dad

    By kumbhorgSeptember 23, 2026

    In a recent survey of more than 5,500 people, commissioned by Citizens Advice, 36% adults…

    Bitcoin Investors Buy Nearly $1B In BTC ETFs

    September 23, 2026

    Ssunita Ahuja breaks silence on divorce rumours, says she doesn’t regret marrying Govinda | Hindi Movie News

    September 23, 2026

    How a Nagoya baseball ground was transformed into an Asian Games cricket venue | Asian Games 2026 News

    September 23, 2026
    Top Posts

    Satwik-Chirag storm into China Masters final with straight-game win over Malaysia | Badminton News

    September 21, 2025176 Views

    SaucerSwap SAUCE Crypto Breaks Key Resistance Amid Nvidia-Hedera Deal

    July 15, 202548 Views

    Unlocking Your Potential with Mubite: The Future of Crypto Prop Trading

    September 17, 202533 Views

    Stablecoins 2025 Exchange Reserves: Insights into DeFi Trends

    September 8, 202533 Views
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us

    Welcome to KumbhCoin!
    At KumbhCoin, we strive to create a unique blend of cultural and technological news for a diverse audience. Our platform bridges the spiritual significance of the Kumbh Mela with the dynamic world of cryptocurrency and general news.

    Facebook X (Twitter) Pinterest WhatsApp
    Our Picks

    ‘I don’t have a buoyancy aid’: Living without the Bank of Mum and Dad

    September 23, 2026

    Bitcoin Investors Buy Nearly $1B In BTC ETFs

    September 23, 2026

    Ssunita Ahuja breaks silence on divorce rumours, says she doesn’t regret marrying Govinda | Hindi Movie News

    September 23, 2026
    Most Popular

    Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble stock soars 20% as it explores a sale

    January 22, 20250 Views

    David Bailey Forecasts $1M Bitcoin Price During Trump Presidency

    January 22, 20250 Views

    Best Crypto Private Sales to Invest

    January 22, 20250 Views
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us
    © 2026 Kumbhcoin. Designed by Webwizards7.

    Type above and press Enter to search. Press Esc to cancel.