The purchasing power of the French continues to decline. A study revealed the level of their lack of finances to live decently every month. The verdict is unanimous! These past few months have tested the purchasing power of the French. As inflation continues to worsen and prices continue to rise in almost every sector, many people are afraid of their future. As Le Figaro points out, the majority of the French already recognize that they need to restrain themselves. And this, at the level of purchases to meet their necessary expenses. In fact, almost one in ten people say that they curb their unnecessary expenses or are very careful about the price of the products they consume in order to work together… A study was reviewed what the French lack financially to live decently every month.
The French complain about purchasing power
The French have an image of pessimistic people. In fact, 66% of them are convinced that, in the current state of things, their purchasing power will experience an inevitable decline in the next 12 months. It remains estimated that 53% of people believe that their quality of life is gradually deteriorating. Because of this, 59% of them need to reduce their daily expenses. According to the latest purchasing power barometer conducted by Cofidis and CSA Research, non-essential spending is the first to be curbed. This observation will not surprise anyone, and most readers will be able to confirm it. Any entertainment or non-essential purchases seem to be absent in this time of inflation.
According to those responsible for this study, French households consider that they lack an average of 510 euros per month to live decently. This money is not enough for all entertainment and non-essential purchases or entertainment. But instead for expenses necessary for daily living. ” If they had this amount, the French would not be able to pay for “fun” purchases, but would use it above all for important expenses such as food (53%) or energy (29%). ) “, describes the study. A study conducted with the participation of about 1000 people, which is representative of the French population.
The French need an additional 510 euros
Therefore, as explained above, according to the latest CSA Research barometer for Cofidis, the French lost 510 euros per month. And this, to live well and with peace as the end of the month approaches. This value is a real record: it represents 43 euros more than last year. In fact, this year is not the first year where the end of the month is difficult for the French. However, with rising prices, rising inflation and other difficulties, many households are worried nowand more than before.
This extra income mainly covers food costs (53%), but also energy costs (29%). In fact, as pointed out by Le Figaro, these two sectors have been hit hard by the increase in prices observed since the beginning of the year. The results of this survey can be seen as the government is very worried as well as the French population… And for good reason, they reveal that the French are depriving themselves of provide their basic needs. Food and heating. Two things that cannot be ignored and therefore neither will happen. In fact, it is necessary to wait for food and energy for entertainment to come.
Purchasing power: the first concern
Due to these various reasons, the French fear their purchasing power. In fact, the latter became, ahead of health (34%) and the environment (27%), the main concern of the majority of the French (54%). This is one of the consequences of the general context, which has become a greater cause of concern for the most modest households.
The worries and fears of the French population seem to be completely justified. In fact, more than 68% of them believe that their purchasing power has decreased. Not just this year but for the past ten years. gold, this year the situation will not change at all. As if the situation is unlikely to improve, in fact quite the opposite. As a result, pessimism became the norm in French life. And, therefore, any excuse is good for complaining. Although the government is trying to expand a pole by introducing aid. Help thanks for law of purchasing poweradopted this summer.
“ The pessimism of the French in the face of the gravity of the situation is felt in many areas: they postpone their projects, restrict themselves from their daily purchases and try to find solutions to reduce the impact of inflation. “, emphasized Mathieu Escarpit, marketing director of Cofidis France.
Tips to recover 510 euros
To reach the recover €500 per month indeed no small feat. However, with the right tips, it is still possible to fight for purchasing power. In fact, it sometimes happens, especially in these times of inflation, expire at the end of the month. And some solutions to this lack of money may be right in front of you. You just need to know different tips that may allow you to recover part or all of the amount.
Some Solutions can use their house or car for their purchasing power. Or, sell items that are no longer in use. You can also decide to cook instead of ordering ready meals. Some paid activities like surveys can still bring in money. In addition, in supermarkets, the government ensures that certain products remain affordable. So it’s good to shop in promotional departments. Try to reduce your purchases of products that you can borrow. And this, like books, tools or other things. To help your purchasing power, consider going to hairdressing schools for your cuts, as opposed to a salon. In fact, there are many other solutions like this that can allow you to save money, and get your €510 back.