Tuesday 24 January 2017

We are getting wealthier, but we are still not spending

Published 08/05/2015 | 02:30

Household debt is continuing to fall, but we still remain deeply in debt
Household debt is continuing to fall, but we still remain deeply in debt

Are you less mired in debt than you were a few years ago? Do you feel you are getting richer? And if you are feeling flush, are you spending more freely?

  • Go To

The answer to the first two questions is emphatically Yes.

On average, personal indebtedness is down and the value of people's assets - property, pensions and the like - continues to rise strongly, according to new figures from the Central Bank.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Read More

Don't Miss

Editor's Choice