Brits waste 2 years of their life worrying about debt - The British population spends a whopping 13 billion* hours every year worrying about spiralling personal debt according to new research from The Co-operative Bank. It is a sobering fact that an average person in the UK will spend approximately 2 years** (or 16,848 hours) during their lifetime stressing about their spending and borrowing habits, which is equivalent to 730 sleepless nights. Almost one in two (48%) of the 3,000 UK adults surveyed on behalf of The Co-operative Bank claimed to be either ‘concerned or deeply concerned’ about their increasing levels of debt, with 80 per cent of people confessing to being ‘troubled’ about their lack of savings. People in the North West were the biggest money ‘worry-warts’ where an overwhelming majority (78%) admitted to being ‘stressed or very stressed’ about their finances. Adults in Northern Ireland were the least likely (69%) to be concerned about their debt and inadequate saving provisions.
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