Purse strings are tightened

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THE squeeze on household finances is tightening in Sheffield, according to figures from a debt advice charity.

Consumer Credit Counselling Service said city residents contacting the charity for help last year were an average of £4 a month worse off than in 2010.

The average resident had just £13 left over after meeting their basic living expenses each month. A total of 2,240 people in the Sheffield area contacted the CCCS helpline in 2011 for advice on dealing with credit cards, store cards, payday loans and other kinds of unsecured debt.

But on average they owed a total of £17,020 – lower than the UK figure of £17,983.