This statistic illustrates the money management methods used by the Millennial generation in the United Kingdom (UK) as of January 2016. Approximately 25 percent of Millennials stated that they managed their finances using mobile (app based) banking.
Financial management methods used by the Millennial generation in the United Kingdom (UK) in 2016
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Other statistics that may interest you Millennials financial management habits in the UK
Finances management habits
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Saving behavior and volumes saved
7
- Premium Statistic Current monthly savings for Millennials in Great Britain 2016
- Premium Statistic Reasons for saving and borrowing for Millennials in Great Britain 2016
- Premium Statistic Housing deposit savings level for Millennials in the United Kingdom (UK) 2016
- Premium Statistic Changes in the ability to save for Millennials in Great Britain in 2016
- Premium Statistic Private pension savings level for Millennials in Great Britain 2016
- Premium Statistic Biggest obstacles to saving money for British Millennials in 2016
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Debt and borrowing
7
- Premium Statistic Outstanding personal debt for Millennials in Great Britain 2016
- Premium Statistic Outstanding personal debt for Millennials in Great Britain 2016, by age
- Premium Statistic Current monthly borrowing of Millennials in Great Britain 2016
- Premium Statistic Personal debt sources for British Millennials in 2016
- Premium Statistic Proportion of Millennial generation that has a current student loan in the UK 2016
- Premium Statistic Value of outstanding student loan balances for the Millennial generation UK 2016
- Premium Statistic British Millennials that do not consider student loans as debt 2016
Banking and financial investments
5
- Basic Statistic Millennial bank customers experience in Western and Central Europe 2015-2016
- Premium Statistic Reasons for switching banks for Millennial generation in the United Kingdom (UK) 2016
- Premium Statistic Preferred way to get the best return on money for Millennials in Great Britain 2016
- Premium Statistic British Millennials that would invest in a business to save money in 2016
- Premium Statistic Preferred method of using available money for British Millennials in 2016
Further related statistics
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- Bank types preferred by young Millennials in the U.S. 2017
- Bank types preferred by older Millennials in the U.S. 2017
- Bank types for credit card among older Millennials in the U.S. 2017
- Bank types for credit card among younger Millennials in the U.S. 2017
- Usage of digital devices for financial purposes among millennials in the Nordics 2018
- Usage of digital devices for financial activities among millennials in Norway 2018
- Age distribution of account holders using one and more than one bank in the UK 2015
- Gender distribution of British adults using one and more than one bank in the UK 2015
- Income distribution of British adults using one and more than one bank in the UK 2015
- Reasons for holding several current accounts with different banks in the UK 2015
- Usage of digital devices for financial activities among millennials in Finland 2018
- Reasons for chosing the particular bank for main current account UK 2015
- Usage of digital devices for financial activities among millennials in Denmark 2018
- Banking methods used by millenials in the U.S. 2014
- Preferred channels for individual banking services in Great Britain (UK) 2014
- Distribution of millennials saving money Malaysia 2019
- Usage of digital devices for financial activities among millennials in Sweden 2018
Further Content: You might find this interesting as well
Statistics
- Bank types preferred by young Millennials in the U.S. 2017
- Bank types preferred by older Millennials in the U.S. 2017
- Bank types for credit card among older Millennials in the U.S. 2017
- Bank types for credit card among younger Millennials in the U.S. 2017
- Usage of digital devices for financial purposes among millennials in the Nordics 2018
- Usage of digital devices for financial activities among millennials in Norway 2018
- Age distribution of account holders using one and more than one bank in the UK 2015
- Gender distribution of British adults using one and more than one bank in the UK 2015
- Income distribution of British adults using one and more than one bank in the UK 2015
- Reasons for holding several current accounts with different banks in the UK 2015
- Usage of digital devices for financial activities among millennials in Finland 2018
- Reasons for chosing the particular bank for main current account UK 2015
- Usage of digital devices for financial activities among millennials in Denmark 2018
- Banking methods used by millenials in the U.S. 2014
- Preferred channels for individual banking services in Great Britain (UK) 2014
- Distribution of millennials saving money Malaysia 2019
- Usage of digital devices for financial activities among millennials in Sweden 2018
Experian. (January 21, 2016). Financial management methods used by the Millennial generation in the United Kingdom (UK) in 2016 [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/513921/money-managament-methods-used-by-millennial-generation-united-kingdom/
Experian. "Financial management methods used by the Millennial generation in the United Kingdom (UK) in 2016 ." Chart. January 21, 2016. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/513921/money-managament-methods-used-by-millennial-generation-united-kingdom/
Experian. (2016). Financial management methods used by the Millennial generation in the United Kingdom (UK) in 2016 . Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/513921/money-managament-methods-used-by-millennial-generation-united-kingdom/
Experian. "Financial Management Methods Used by The Millennial Generation in The United Kingdom (Uk) in 2016 ." Statista, Statista Inc., 21 Jan 2016, https://www.statista.com/statistics/513921/money-managament-methods-used-by-millennial-generation-united-kingdom/
Experian, Financial management methods used by the Millennial generation in the United Kingdom (UK) in 2016 Statista, https://www.statista.com/statistics/513921/money-managament-methods-used-by-millennial-generation-united-kingdom/ (last visited May 04, 2024)
Financial management methods used by the Millennial generation in the United Kingdom (UK) in 2016 [Graph], Experian, January 21, 2016. [Online]. Available: https://www.statista.com/statistics/513921/money-managament-methods-used-by-millennial-generation-united-kingdom/