One in five adults have made panic-driven financial decisions

Link between financial education and levels of anxiety

Jaskeet Briah
clock • 1 min read

Around 39% of UK adults feel anxious when they think about money, which is affecting wellbeing, behaviour and decision making, according to Money Ready.

The financial charity surveyed 3,000 UK adults, finding that money worries were keeping adults up all night (21%), causing issues in relationships with their partners (15%) and causing them to withdraw from their social circle (14%). Additionally, 21% of adults reported having made "bad" and "panic-driven" financial decisions, such as taking on debt, to cope with the immediate stress and to try to solve their financial worries. Respondents also expressed shame in their lack of financial knowledge (27%), with barriers to taking action including finding learning more about money overwhe...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: One Four Nine Group raises £40,500 for charity partner

Feel Good Friday: One Four Nine Group raises £40,500 for charity partner

Firm picks three new charity partners for 2026/27

Professional Adviser
clock 24 April 2026 • 1 min read
Deal Dive: 2026 kicks off with a slower start

Deal Dive: 2026 kicks off with a slower start

Deals announced in Q1 2026

Isabel Baxter
clock 24 April 2026 • 3 min read
What Justin Bieber is telling you about your clients

What Justin Bieber is telling you about your clients

‘In our world, success, true success, is delivering someone to their goal’

Chris Justham
clock 22 April 2026 • 2 min read