Times have been tough the last few years, and following the double-dip recession earlier this year, family finances are still as tight as ever without too many signs of improvement for the near future.
As a result, rising numbers of employees are borrowing money in order to buy basic family essentials such as food due to wages not being enough to last for the whole month, as shown in a new documentary made by trade union Unite.
The film is part of a larger campaign started by Unite in a fight against lending companies charging unfair levels of interest on short-term, payday loans.
In some cases, payday loans can come with an APR of more than 4,000%, so if you are in need of cash, try to think of them as an absolute last resort. However, if you find that you are a regular on a payday loan site, it might be time to take a cold hard look at your budget.
Try to work out what your outgoings are and decide whether everything you buy is strictly necessary. Budget planners are an excellent way of avoiding the need to use payday loans.
Wages simply not enough
The film is called '21 Days Until The Money Runs Out' and is part of a series of films highlighting the difficulties of employees meeting increasing costs as their wages do not cover the cost of their family finances.
As many as 66% of workers were found in need of borrowing money - often as much as £200 - ahead of the coming payday, according to research conducted on behalf of Unite.
The film is available to watch on YouTube as a part of the series made in the build up to the TUC's ant-Government protest in London on 20 October.
According to the film, as many as 40% of young people need financial assistance in order to avoid being forced onto the streets, and some families are having to reduce the amount of daily essentials and food that they buy.
Unite general secretary, Len McCluskey, said: "This Government's policies are not just crushing our economy, they are hobbling our nation's ability to work its way out of recession.
"Ordinary men and women are working two jobs to get by, but they and their families are being hammered twice - once by the bill for the bankers' blow-out and then again by cuts to the services that sustain our communities."