Debt tops list of stress factors

06/01/2012

The top cause of stress for Britons has been revealed as personal finance, as 15 million people have revealed they deal with money worries every day.

According to the results of a moneysupermarket.com survey, stress relating to the problem of dealing with debts currently outweighs other worries regarding relationships, health and employment.

Head of banking at moneysupermarket, Kevin Mountford, said: “For those who are worried about their finances, it is vital to tackle the issue head on.” He also warned that the outlook for 2012 is set to be “just as tough, if not tougher” than the previous year.

The survey results highlighted that 76 per cent of people predict a worsening in their financial stresses as a result of the high cost of living in 2012.

According to another survey published by gocompare.com, sorting out finances is the single most common New Year’s resolution being made by British people this year.

Tags; Current UK Economy, Income Worries and Debt,

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