A new survey reveals that soaring living costs are pushing the majority of parents into debt .
The survey from National Debt Relief, and conducted by Talker Research, surveyed 2,000 parents of children aged 0-18 last month.
Majority of parents in debt for their children
By the numbers:
The survey found that 63% of parents in debt admitted that their financial situation was preventing them from providing for their children the way they would like – significantly more than the 48% of parents without debt who felt the same way.
For parents in debt (77% of those surveyed), half (48%) said their debt was becoming "unmanageable."
And for many parents, this debt is increasing as they work to make ends meet for their families.
More than half of all parents surveyed said they were