A study by the Money Advice Service found that income per hour in the UK has dropped by six percent in real terms since 2006.
The Financial Capability Of The UK report states there was "a general feeling that people worry about their ability to make it to the next pay day".
It added, "Because of this, people are focusing more on the here and now than on planning for the future, including for unforeseen emergencies."
More than 5,000 people took part in the survey and more than 70 families were followed over the course of a year.
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