Third of working adults are stressed about meeting their immediate financial needs: Fidelity

Covid-19 pandemic sparks feelings of stress, anger, and fatigue

clock • 2 min read

One in five working adults who said they felt stress, anger and fatigue did so due to a loss of income over the past year, while more than half (56%) felt the same way due to the Covid-19 pandemic, according to research from Fidelity’s Global Sentiment survey.

The research, which surveyed 1,000 UK working adults aged 20-75 with a minimum household income of £10,000, revealed more than a third (36%) are stressed about meeting their immediate financial needs such as food, mortgages or rent, and utilities, rising to 52% of workers in their twenties.  A quarter (25%) have spent more than they can afford over the last six months, Fidelity found, while a third (31%) are concerned about paying down debt.  Young workers in particular are struggling, with over a quarter (28%) of those in their twenties describing their day-to-day finances as...

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