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We all worry about debt- regardless of age

Tue, Mar 13, 2007

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In February TNS Finance conducted an online survey and discovered worries about how to pay debts - whether they be outstanding loans or credit card bills, is not specifically linked to a particular age bracket which some may have expected.

Looking at the responses for the 55-64 year olds, 26% considered retirement as very important while 30% of them considered paying off a loan a priority. Interestingly enough this latter response was identical to that of the 25-34 year old age group.

Other findings show that 33% of both 45-54 and 25-44 year olds consider paying off credit card debts as extremely important, whilst 28% of 45-54 year olds considered saving for their retirement as important.

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This post was written by:

Peter Kenny - who has written 238 posts on Thrifty Loans.

Peter Kenny has been helping many people for the last 6 years with his money saving ideas and tips. He also writes for The Thrifty Scot

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