Wasting your time as well as money

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Wasting your time as well as money

Half the UK population say that they are concerned about their finances and will spend endless nights worrying about their levels of debt.

During a lifetime around two years, or 16,848 hours, are spent stressing about spending and borrowing habits, utility bills, mortgages or rent, home insurance and banking.

Scott McPhail, savings product manager at the Co-operative Bank, said: "It is worryingly clear from the research that the vast majority of UK adults are deeply concerned about their finances, with rising levels of debt and inadequate saving provisions responsible for countless sleepless nights nationwide.

"We would like to stress to people that it's never too late to regain control of your finances."

March 03rd 2008

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