This statistic illustrates reasons for saving and borrowing money for the Millennial generation in Great Britain as of 2016. It can be seen that more than one third (34 percent) of Millennials stated that they were saving money for a 'rainy day' at that time.
Reasons for saving and borrowing money for the Millennial generation in Great Britain as of 2016*
From the source: "ComRes interviewed 962 British adults aged 18-35 online between 25th July and 9th August. Data was weighted to be representative of all British adults aged 18-35 by gender, age and socio-economic grade, and to be representative of all British adults by region. ComRes is a member of the British Polling Council and abides by its rules."
*Full survey questions: "Over the last six months, which of the following, if any, have you been saving towards? Over the last six months, which of the following, if any, did you borrow money for? When thinking about borrowing money, this could be from any source."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
ComRes. (August 31, 2016). Reasons for saving and borrowing money for the Millennial generation in Great Britain as of 2016* [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/644264/millennial-generation-saving-borrowing-reasons-great-britain-uk/
ComRes. "Reasons for saving and borrowing money for the Millennial generation in Great Britain as of 2016*." Chart. August 31, 2016. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/644264/millennial-generation-saving-borrowing-reasons-great-britain-uk/
ComRes. (2016). Reasons for saving and borrowing money for the Millennial generation in Great Britain as of 2016*. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/644264/millennial-generation-saving-borrowing-reasons-great-britain-uk/
ComRes. "Reasons for Saving and Borrowing Money for The Millennial Generation in Great Britain as of 2016*." Statista, Statista Inc., 31 Aug 2016, https://www.statista.com/statistics/644264/millennial-generation-saving-borrowing-reasons-great-britain-uk/
ComRes, Reasons for saving and borrowing money for the Millennial generation in Great Britain as of 2016* Statista, https://www.statista.com/statistics/644264/millennial-generation-saving-borrowing-reasons-great-britain-uk/ (last visited November 05, 2024)
Reasons for saving and borrowing money for the Millennial generation in Great Britain as of 2016* [Graph], ComRes, August 31, 2016. [Online]. Available: https://www.statista.com/statistics/644264/millennial-generation-saving-borrowing-reasons-great-britain-uk/
