Money worries outweigh study concerns for almost half of students
Have you got a child at university? If so, it’s likely, according to a new study4, that they’ll be more worried about the cost of living (a top-rated concern for 47% of students), than their academic studies (26%). Other main concerns of university students in the UK are listed as personal health and wellbeing (10%), next steps following university (9%) and career development (8%).
Loud budgeting – good for your savings?
The viral financial trend ‘loud budgeting’, where people are increasingly open about what they do and don’t want to spend their money on, is enabling people to set boundaries with friends and family. Research5 has shown that Gen Z (aged between 18 and 27) are most comfortable loud budgeting, with 61% happy to have these conversations with friends and 71% with family. Meanwhile 49% of those aged 35 to 54 and 50% of those aged 55+ feel comfortable talking about finances with friends, with 61% of 35 to 54-year-olds and 69% of over-55s at ease discussing financial constraints with family.
4UNiDAYS, 2024
5Standard Life, 2024
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.
It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK. We cannot assume legal liability for any errors or omissions it might contain. Levels and bases of, and reliefs from, taxation are those currently applying or proposed and are subject to change; their value depends on the individual circumstances of the investor. No part of this document may be reproduced in any manner without prior permission.
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated. If you withdraw from an investment in the early years, you may not get back the full amount you invested. Changes in the rates of exchange may have an adverse effect on the value or price of an investment in sterling terms if it is denominated in a foreign currency.
Information is based on our understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from, taxation are subject to change.
Tax treatment is based on individual circumstances and may be subject to change in the future.
Other Insights of interest
11th August, 2025
In the News….
In the News…. Holiday spending soars Planning to jet away on a summer holiday? If…
Read full insight
11th August, 2025
Economic Review – July 2025
UK economy still struggling to expand Figures published last month by the Office for National…
Read full insight
5th August, 2025
Investors warned as cloning scams surge
Cloning scams are now the top fraud threat to people wanting to invest, a new…
Read full insight
5th August, 2025
Engaging with your pension – knowledge gaps revealed
New research1 has shone a light on the extent of pension knowledge gaps among UK adults.
Read full insight