Standard Life Bank: Financial management boosts Brits' joy
www.moneynews.co.uk > General finance > Standard Life Bank: Financial management boosts Brits' joy
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Money News |
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Standard Life Bank: Financial management boosts Brits' joy
Mon 22nd Jan 2007
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Some 85 per cent of Brits are positive that 2007 will be a good year for them, said the bank, with the Scottish leading the way.
Standard Life Bank's Happiness Mantra found that financial factors feature higher in the list than in previous years, suggesting control over their monetary situation helps Britons feel happier.
The survey found that the top happiness boost for Britons was starting a new hobby or pastime, while having more fun at work was ranked second.
Clearing debts and achieving financial security also featured among the top five lifestyle changes that create happiness, with paying off a mortgage also listed in the top ten.
"The research shows a really positive shift in attitudes towards financial management," commented Ashley Ramsay, marketing manager at Standard Life Bank.
"Whereas previously it ranked pretty low on people's agendas, people are recognising that financial security would make them feel happier."
Research recently published by insurance firm AXA found that a third of Britons are not interested in planning their finances, with those who do budget setting aside an average five minutes a week to do so.
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