Majority of under 24s fear for financial future

The research also states 66% of 18 to 24 year olds think their parents are more knowledgeable when it comes to finance. In contrast 61% of the over 55s are happy they are financially prepared and 61% of over 55s have confidence in their banking skills. Despite 59% of people admitting to worrying about their financial future it seems those concerns are not enough to force them into action. More people spend time watching TV than on finances. Over a third (37%) of the nation spends over 10 hours a week watching TV compared to just 1% who the spend the equivalent on finances. Meanwhile,...