Indebted Brits are a fickle bunch

As the prospect of financial difficulties loom above the heads of many UK citizens, a recent poll has revealed that tens of thousands of people are apprehensive with regards to their future financial position.

Accordingly, over two fifths of those surveyed stated that the condition of their future finances were cause for graver concerns than any other aspect of their day to day lives. Although, as an almost direct contradiction to the research, a large percentage of said responders admitted that the act of spending money was also one of their biggest personal comforts.

One expert stated that today’s consumers are extremely fickle. On one hand they are becoming increasingly stressed by the prospect of sinking into a financial abyss, where on the other hand they are happy to continue spending. Unfortunately, unless people stand up and face the fact that they have a problem, it will not go away or indeed, get any better.

It has also been discovered that the average indebted Brit owes around £30,000, which represents an increase of 110% over the last 1.5 decades.