Fife billpayers underestimate expenses by thousands

The findings reveal that a fifth of billpayers have so many subscriptions they have lost track of them <i>(Image: Emil Kalibradov)</i>
The findings reveal that a fifth of billpayers have so many subscriptions they have lost track of them (Image: Emil Kalibradov)
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Fife households are underestimating the true cost of their bills by thousands of pounds.

Research shows that local billpayers are miscalculating their household expenses by an average of £309 each month, totalling more than £3700 each year.

The study, carried out by broadband provider Trooli, highlights a widespread issue of financial blind spots, with two-thirds of residents admitting they have never added up all their regular payments.

Lee Probert, managing director of Trooli, said: "Life is busy, and it’s no surprise that many Fife locals have lost track of their outgoings, especially with misleading contracts and package deals making bills even more confusing.

"A clearer view of your monthly outgoings, paired with a provider that is open, straightforward, and transparent about costs, can make a real difference to everyday life."

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