A report by Yorkshire Building Society on the changes in the cost of living
Helping you with financial resilence
Managing financial resilience is in everyone’s interests and at Yorkshire Building Society we want to play our part, by helping people to understand and therefore plan for the financial impacts of the cost of living crisis, whatever level of financial resilience you have today.
How we worked out our findings
We have worked with Opinium to understand how consumers are feeling and assessed economic analysis from with the Centre for Economics and Business Research (Cebr), to examine the current financial resilience of households across the UK. We have considered the impact of the cost of living crisis on an average household, but also split the 4,000 households in our consumer polling into three groups based on the ages of the adults living in the household to shine a light on the potential impacts the current crisis may have on people’s ability to be, and remain, financially resilient.