4 out of 10 primarily concerned about money, survey says

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4 out of 10 primarily concerned about money, survey says

Tue 29th Jul 2008

Financial insecurity is the top worry for four out of ten people, while most cite money as one of their top three concerns, according to a survey by an advertising agency.

Euro RSCG London's research found that 53 per cent of people listed their finances as one of their top three worries, the Press Association reports.

The number of people worried about how they would cope financially was found to have risen from 24 per cent at the end of 2007 to 39 per cent this month.

As financial worries have grown, environmental concerns have dropped. In December, 31 per cent of people had cited climate change as one of their three main concerns, but the figure is now 18 per cent.

Meanwhile, research commissioned by the Financial Services Authority (FSA) found that educating people about finances is unlikely to bring them any benefits.

The study, reported by the Financial Times, found very little evidence that students' behaviour is changed by financial education programmes.
It found that putting personal finance into maths lessons adversely affected maths skills.

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