Seven out of 10 families are living on the edge of financial survival - facing meltdown if the smallest thing changes in their finances, according to research by Netmums.
One in 20 families are having to take regular payday loans and one in 100 have turned to loan sharks to stay afloat, reveals the survey of more than 2,000 mums by the UK's largest parenting site.
The worrying research also found that almost half of families have sold or pawned goods to survive, while one in six parents (16 per cent) are being treated for a stress-related illness due to lack of cash.
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