Abbey study reveals, over bloated personal finances.

Posted 2007-12-11

Latest studies from the Abbey have revealed that a mere 1% of Britons have maintained and kept control over their personal finances.

The other majority of people, display signs of irresponsible behavior through their use of credit cards and other banking practices. Due to such tendencies they have become, “financially overweight”

A financial fitness survey was conducted by Abbey. Their analysis of the results revealed worrying weighty issues. On the percentage scale, the financial fit machine indicated with a zero, whereas with a 100% financial obesity.

The survey brought to the forefront that around 46% of females and 41% males, were overweight. Only 1% scored under ten. These results are indeed worrying.

Director at Abbey, Sue Hayes advised people to review their financial status by shopping around for good deals and bargains, more so during the holiday season when many begin their shopping spree.

She further added that similar to any exercise, a financial workout is an effort and a sacrifice, but the rewards are indeed worth it.

On a closer look at the survey results by region, the Abbey study found that topping the list with the  most weight problems was North of England, with a 46%, whereas the south-west and Wales, were probably the fittest in terms of finance, with 42% overweight.

Leave a Reply