Nearly half of adults say they do not make enough money, either through salary or benefits, to cover their living expenses, according to new research.
The survey from digital transformation services company EPAM, shows the cost-of-living struggle is worse for young adults, with 58% of those aged 24 and under saying their living expenses exceed their income.
More than half of adults surveyed said they operate on a paycheque-to-paycheque basis.
The study shows that 53% of respondents are turning to their bank's website and mobile app to access personal finance support tools to cope with the cost of living.
The survey found that 21% of adults in Ireland rarely or never track their monthly spending while 64% said they would like additional support in managing their spending.
"Online banking platforms have gone from functional to insightful, with users now having access to intelligent insights that make the prospect of budgeting seem a little less overwhelming," said Martin Byrne, VP and Country Manager for Ireland, EPAM Systems.
"We found that even those who are successfully managing their spending want more support in managing their budgets," Mr Byrne said.
The nationally representative survey of 1,005 adults in Ireland was carried out by Censuswide for EPAM.