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

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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.

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