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The terrifying money worry that haunts almost half of UK adults | Personal Finance | Finance [Video]

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Personal Branding

Just under half of UK adults are worried that their standard of living will fall over the next 12 months, new research has found.

A survey of 4,000 UK adults found that 48 percent were worried about their future standard of living, with those in their 30s most concerned (55 percent).

Financial concern dropped to 38 percent for over 50’s – likely due to accumulated savings.

Of those surveyed, 1,765 (44.1 percent) were male and 2,216 (55.4 percent) were female, while 733 (18.3 percent) had a net worth of more than £100,000

Energy prices still top people’s biggest concerns on the factors threatening their living standard, along with the cost-of-living crisis and high prices caused by inflation.

Men are more concerned about losing wealth through divorce (24 percent versus 19 percent), whereas women are more likely to fear the financial impact of their partner or spouse dying (47 percent versus 42 percent).

Proportion …

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