Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Finance

MONEY MATTERS: FINANCIAL ACHIEVEMENTS MAKE BRITS PROUDEST

MONEY MATTERS: FINANCIAL ACHIEVEMENTS MAKE BRITS PROUDEST

New research from the personal loan provider, Hitachi Personal Finance, has revealed that Brits feel proudest about achieving financial goals and milestones, compared to family or career achievements.

The study asked over 2,000 Brits which life goals and achievements they have felt proudest to achieve, and also investigated the pressures surrounding bigger milestones, such as getting married or buying a house.

The top ten alternative life events that Brits are proud to reach are:

  1. Taking your first holiday that you paid for (37%)
  2. Driving on the motorway for the first time (33%)
  3. Cooking your first meal from scratch without help (32%)
  4. Getting to £1,000 in your savings accounts (31%)
  5. Hosting your first Christmas (24%)
  6. Buying your first piece of big furniture outright (24%)
  7. Taking your parents out for a meal and paying for it (23%)
  8. Becoming responsible for helping/mentoring other people at work (21%)
  9. Being responsible for a pet for the first time (20%)
  10. Selling your first home (18%)

Five out of the ten achievements listed were directly related to money and savings, showing the importance of financial matters across the nation. Being able to buy big ticket items, such as a holiday or furniture, were high on the list of proudest moments, beating other events such as being responsible for colleagues or pets.

Vincent Reboul, Managing Director at Hitachi Personal Finance, also commented: “The fact that Brits take such pride in saving their money and making big purchases, such as a holiday or piece of furniture, is really encouraging.

“It’s also positive to see young people placing such importance on financial achievements, with almost a third (30%) of 18-24-year-olds taking pride in reaching over £1,000 in their savings account. Across the board, our research showed that it is typically the younger generation that feels most of the pressure, so we wanted to highlight the other moments in life that often go unnoticed, but are equally as important as the more traditional milestones.”

When asked about milestones that they felt most pressure to achieve, one in five people said earning above the average UK salary (£27,000), whilst 34% said they felt pressure to buy a home. Among 18-24-year-olds, these increased to 36% and 46% respectively.

To find out more about Hitachi Personal Finance, visit: www.hitachipersonalfinance.co.uk

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post