Single adult

Financial expectations

16.7% of surveyed single adults thought they would be financially worse off in the future, compared to 25.8% of single parents

Overall, twice as many people expected their financial situation to get worse, compared to those who expected it to improve

32% of single adults lost 20% or more of their income

A salary of £30,000

- 20%

= £6,000 lost

5.5% of single adults had to borrow money

50% of single adults had to reduce their spending

Single adults were 4 times more likely to report using a foodbank than a two parent family

20% reported dipping into their savings

10% had to apply for universal credit

Those single adults who live alone were more likely to see their family and friends in person during lockdown

34.5%
saw no family or friends

33.5%
saw family or friends less often

20%
saw family or friends the same amount

9.4%
saw more family or friends than before lockdown

2.6%
didn't see family or friends even before lockdown

64%

of all survey respondents still had face to face contact with family or friends in May/June

Less likely to receive financial help from friends or family, whilst 20% had to dip into their savings

Received the least amount of financial support and were the group most likely to access a food bank

Single adults who lived alone were more likely to see family and friends in person during lockdown

Data gathered by Understanding Society
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