Budget 2024: 'I just about make ends meet on £21,500 a year'

Budget 2024 is around the corner, and it's a time of anticipation and concern for many across the country. As the government prepares to unveil its financial plans, the conversation around household incomes and the cost of living takes center stage. In this context, the BBC has spoken to a variety of individuals about their earnings and what they hope for from the upcoming Budget. Among them is a person who makes £21,500 a year and shares the struggle of just about making ends meet. Living on a yearly income of £21,500 is a challenge that many might underestimate. For those managing on such a sum, every penny counts, and any unexpected expense can throw off a carefully balanced budget. This is the everyday reality for some, underscoring the importance of government policies that support those in similar financial situations. For the individual earning £21,500 a year, life is a constant juggle of expenses. They highlight how managing on this salary requires meticulous planning and a degree of sacrifice. "It's about prioritizing what's essential," they explain. "You learn to cut back on luxuries and sometimes even needs to make sure you can cover your basic expenses like rent, utilities, and food." This situation is not unique. Many across the country find themselves in similar economic circumstances, navigating the fine line between making ends meet and falling into financial hardship. It’s a precarious existence, one that doesn't allow for much, if any, financial cushioning. Savings are a luxury