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
Characteristic
Share of respondents
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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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Experian. (January 21, 2016). Financial pitfalls according to the Millennial generation in the United Kingdom (UK) as of 2016 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/513912/common-financial-pitfalls-of-millennial-generation-united-kingdom/
Experian. "Financial pitfalls according to the Millennial generation in the United Kingdom (UK) as of 2016." Chart. January 21, 2016. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/513912/common-financial-pitfalls-of-millennial-generation-united-kingdom/
Experian. (2016). Financial pitfalls according to the Millennial generation in the United Kingdom (UK) as of 2016. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/513912/common-financial-pitfalls-of-millennial-generation-united-kingdom/
Experian. "Financial Pitfalls According to The Millennial Generation in The United Kingdom (Uk) as of 2016." Statista, Statista Inc., 21 Jan 2016, https://www.statista.com/statistics/513912/common-financial-pitfalls-of-millennial-generation-united-kingdom/
Experian, Financial pitfalls according to the Millennial generation in the United Kingdom (UK) as of 2016 Statista, https://www.statista.com/statistics/513912/common-financial-pitfalls-of-millennial-generation-united-kingdom/ (last visited August 25, 2024)
Financial pitfalls according to the Millennial generation in the United Kingdom (UK) as of 2016 [Graph], Experian, January 21, 2016. [Online]. Available: https://www.statista.com/statistics/513912/common-financial-pitfalls-of-millennial-generation-united-kingdom/