Millennials financial management habits in the UK

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Statista dossier about the financial management behavior of the Generation Y in the UK - Statista Dossier

This dossier provides a statistical insight into the financial management habits and behaviors (including spending habits, investment preferences, savings, debt and banking) of the Millennial generation (Gen Y) in the United Kingdom (UK) as of 2016.

Table of contents

  • 1. Finances management habits
    • Overall financial situation optimism for Millennials in Great Britain 2016

    • Millennials willingness to spend or save money in the United Kingdom (UK) in 2016

    • Parental influence on money management by Millenials in the UK in 2016

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

    • Money management methods of Millennials United Kingdom (UK) in 2016

    • Common Millennial financial pitfalls in the United Kingdom (UK) as of January 2016

    • Views of Millennials on their financial situation post-Brexit in Great Britain 2016

    • Millennials disposable income spending habits in the United Kingdom (UK) January 2016

    • Share of Millennials more motivated by online sales than TV sales in the UK 2016

  • 2. Saving behavior and volumes saved
    • Current monthly savings for Millennials in Great Britain 2016

    • Reasons for saving and borrowing for Millennials in Great Britain 2016

    • Housing deposit savings level for Millennials in the United Kingdom (UK) 2016

    • Changes in the ability to save for Millennials in Great Britain in 2016

    • Private pension savings level for Millennials in Great Britain 2016

    • Biggest obstacles to saving money for British Millennials in 2016

    • Views of Millennials on saving money post-Brexit in Great Britain in 2016

  • 3. Debt and borrowing
    • Outstanding personal debt for Millennials in Great Britain 2016

    • Outstanding personal debt for Millennials in Great Britain 2016, by age

    • Current monthly borrowing of Millennials in Great Britain 2016

    • Personal debt sources for British Millennials in 2016

    • Proportion of Millennial generation that has a current student loan in the UK 2016

    • Value of outstanding student loan balances for the Millennial generation UK 2016

    • British Millennials that do not consider student loans as debt 2016

  • 4. Banking and financial investments
    • Millennial bank customers experience in Western and Central Europe 2015-2016

    • Reasons for switching banks for Millenials in the United Kingdom (UK) in 2016

    • Preferred way to get the best return on money for Millennials in Great Britain 2016

    • British Millennials that would invest in a business to save money in 2016

    • Preferred method of using available money for British Millennials in 2016

  • Language: English
  • Released: December 2016
  • Source(s): Statista
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