VIEW FROM THE STREETS...

Laura Buchanan from Westwood said: “I think there is often too much pressure on people to have more and more material things and credit can often be given too easily.”

Christine Smillie from Strathaven said: “I think credit is far more readily available. In years gone by we didn’t have access to credit cards. There was hire purchase but you always thought twice about that. I would say things are definitely harder for young people today.”

Alexandra Hunter from Greenhills said: “It is important to live within your means, budget and cut your cloth accordingly. But I think the banks have a lot to answer to as well – people are being offered thousands which many will struggle to pay back.”

Claire Stewart from The Murray said: “There is definitely too much pressure nowadays on people to spend money they don’t have. I very much stick to living within my means and budgeting. People can take out loans too easily without getting the proper advice.”