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Four in 10 people have asked their loved ones for money over the past year, to deal with the rising cost of living, according to new research. The survey of 8,500 respondents across 10 countries — including 2,000 Americans — reveals that 43 percent have asked for financial help in the past 12 months. Results also show respondents are relying on others for help with essentials, including groceries (40%) and their rent or mortgage (29%).
Their parents (57%) and their friends (42%) were the people respondents were most likely to turn to for money, but a quarter have turned to a co-worker, while more than one in 10 have asked their child for money (15%) in the past year.
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