A THIRD of people only earn enough to survive, rather than be able to make enough for a future, a new study has found.

It says that some people in full-time jobs live' for payday and do not set aside any money for savings.

The survey, by jobs website www.careerbuilder.co.uk found that 37% of people say they "often or always live from pay cheque to pay cheque" and 33% do not set aside any money each month for savings.

Almost half said they would need to earn an extra £500 on top of their monthly salary to live comfortably, with four in 10 regularly exceeding their allotted monthly budget.

The most popular reason for over-spending was drinks and entertainment, followed by restaurants, the cost of running a car, clothing, electronic gadgets, travel and decor for the home.

Women were found to be much more likely to report financial concerns, with 46% often or always struggling compared with 29% of men.

Rosemary Haefner, of careerbuilder, said: "Scrambling to make ends meet is an exercise all too familiar in many homes."

More than seven million people are also trusting in inheritances to fund future financial plans.

One in six adults is relying on an inheritance to sort out money issues, and 518,000 will use the cash to clear unsecured debts.

Ian Noble, head of life sales at Lincoln Financial Group, said: "Relying on an inheritance to fund your financial plans is potentially risky - and you could be waiting a long time."

A new YouGov survey has revealed the spending habits of Glaswegians and found that 71% of the public prefer to use cash to debit or credit cards; more than any other city in the UK.

According to their figures, cash still accounts for more than six in 10 of all day-to-day payments, and eight in ten of all payments in the travel and entertainment sectors."But hoping for the best is not a financial strategy."