Brits worry about their finances every day

By Marianne Straker, Tue 3 Jan 2012 - Published in Home Insurance

Over 15 million Britons worry about their finances every day, more than relationships, health and jobs.

According to MoneySupermarket.com people in the UK have concerns about home insurance rates and the cost of living more and more with the country's economy struggling.

The survey found that over a quarter (23 per cent) of people stress over their future financial situation with 21 per cent worrying about their current personal finances. It was also revealed that the main concern for people was the rising cost of petrol (42 per cent) followed by rising bills (21 per cent) and debts (17 per cent).

Kevin Mountford, head of banking at MoneySupermarket, said: "It's not surprising that people blame financial anxiety as a top cause of stress given the difficult economic environment and the rising cost of living, and we can expect next year's outlook to be just as tough, if not tougher."

It was recently found that as a result of the rise of taxes the average middle-class family paid Ł1,650 more in 2011 than they did in 2010.

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