Twentysomethings And Their Money

Twentysomethings And Their Money mrm LOVE OR ΜΟΝEΥ ONE IN FIVE ONE IN 10 NEARLY ONE IN 10 TWENTYSOMETHINGS TWENTYSOMETHINGS know someone who has been INVOLVED IN DRUG DEALING to make ends meet TWENTYSOMETHINGS know someone who has been INVOLVED IN THE SEX INDUSTRY claim to know someone of their age who has GONE WITHOUT FOOD to save money to cover monthly expenses The minimum CAR WEDDING TWENTYSOMETHINGS say they would need to earn before setting money aside to pay for key milestones' £23,290 £25,266 PENSION LIFE INSURANCE TWENTYSOMETHINGS find pensions literally less comprehensible than a foreign language £25,769 £29,360L FINANCIAL ADVICE HEALTHCARE £32,460 £32,474 HOME STOCK MARKET ONE IN 10 £33,729 £34,942 understands the exact meaning of basic pensions-related phrases WHY EIGHT IN TEN TWENTYSOMETHINGS REFUSE TO RECOMMEND THEIR BANK a branch only CLOSED 22% o find it. have visited ONE IN 10 ONE IN 10 has hung up in sheer frustration while on a call to their bank has failed checks of their identity ONE IN 4 understands the exact meaning of simple French, German and Spanish phrases NEARLY HALF OF TWENTYSOMETHINGS don't believe they'll ever have enough money to buy a home OVER A THIRD OF TWENTYSOMETHINGS don't understand what buying a home involves 50 100 Presented by MRM, financial services communications consultants www.mrm-london.com mrm @tweetsizedMRM Source: 2,012 UK adults were surveyed by ICM for this infographic and MRM's Young Money report (http://www.mrm-london.com/2012/08/youngmoney). Contents of the report are based on a nationally representative sample of 353 young people in the UK aged 20-29.