Common Millennial financial pitfalls in the United Kingdom (UK) as of January 2016

Published by Statista Research Department, Jan 21, 2016
This statistic illustrates the common financial pitfalls of the Millennial generation in the United Kingdom (UK) as of January 2016. Respondents in the survey reported that 25 percent of Millennials had previously run out of money before payday. Further 21 percent had gone into an unplanned overdraft.

Financial pitfalls according to the Millennial generation in the United Kingdom (UK) as of 2016

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

January 2016

Region

United Kingdom

Survey time period

17th to 28th December 2015

Number of respondents

2,028 respondents

Method of interview

Online survey

Supplementary notes

All figures, unless otherwise stated, are from YouGov Plc.
Total sample size was 2,028 adults aged 18 to 34 (Millennials) and 2,047 adults aged 35 to 55 (Generation X). The figures have been weighted and are representative of 18 to 34 GB adults and 35 to 55 GB adults.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Millennials financial management habits in the UK "

The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Millennials financial management habits in the UK

Finances management habits

8

Saving behavior and volumes saved

7

Debt and borrowing

7

Banking and financial investments

5

Further related statistics

18

Further Content: You might find this interesting as well

Statistics

Topics

Millennial travel behavior in the U.S.U.S. generations: grocery shopping behaviorU.S. Gen Z & millennials: consumer goods and shopping behaviorTravel and tourism in the U.S.U.S. Millennials: Media & Marketing
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.