Millennials: money management in the United Kingdom (UK) 2016, by parental influence

Published by Statista Research Department, Jan 21, 2016
This statistic illustrates the financial management behavior of the Millennial generation in the United Kingdom (UK) as of January 2016, by positive or negative financial influence of parents. It can be seen that at that time 44 percent of respondents that stated their parents had a negative financial influence had previously run out of money before payday.

Financial management behavior of Millennials in the United Kingdom (UK) as of January 2016, by parent financial influence

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Release date

January 2016

Region

United Kingdom

Survey time period

17th to 28th December 2015

Method of interview

Online survey

Supplementary notes

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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