The survey found that more than half (51%) of people have financial regrets, including those who wish they had married someone with more money.
Among those who said they had financial regrets were not putting money into their savings account each month (46%) and wishing they hadn't spent the money on pointless things (43%). %), including those who said they wish they had learned about money when they were younger. age (34%) and choosing a higher paying job or career (29%).
Other regrets include not paying enough monthly pension payments (24%) and wishing they had started receiving their pension at an earlier age (24%).
One in eight (12%) of people who say they have financial regrets say they wish they had married someone with more money, rising to 19% of those in their 70s. Research has shown that there are.
The research was commissioned by savings and investment specialist Unity Mutual (a trading name of the independent Oddfellows Manchester Unity Friendly Society).
Financial advice people would give to their younger selves includes living within your means (41%), not overspending (39%), not going into debt (38%), and saving a certain amount each month (36%). ), etc. were included.
The data was collected from 2,000 people across the UK and was collected by Savanta, with questions assisted by Perspectus Global.
Jane Nelson, CEO of Oddfellows, which operates Unity Mutual, said: “With the rising cost of living, people are having to spend money to cover their daily living expenses, making it difficult to save money every month.'' This means that more and more people are doing so.” Instead. “
Claire Seal, money expert and creator of the Instagram account My Frugal Year, suggests: task.
“Focus on habits, not grand gestures, because these small consistent actions make a big difference over time. If you don't have enough savings to make big progress towards your goals right now No matter how you feel, start saving anyway.
“Once you get into the habit of saving, it becomes easier to give more as your income increases or your expenses decrease. The same goes for paying off debt, contributing to a pension, or just about any other positive financial habit you want to start. Masu.
“Automatizing new habits or finding an 'accountability partner', perhaps a friend with the same goals, will make it easier to stick with them.”
