Women and 50-somethings ‘less likely than average to feel upbeat about finances’

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Women and 50-somethings ‘less likely than average to feel upbeat about finances’
Author: Vicky Shaw
Published: Jan, 08 2025 11:00

Women and people aged in their 50s are less likely to be feeling positive about their finances for 2025 than the wider population, research suggests. Three-fifths (60%) of people are feeling positive overall about their finances in 2025, up from just over half (52%) who felt this way going into 2024, according to a survey commissioned by pensions and investments business Aegon.

But within the survey, women (54%) and those aged 50 to 59 (47%) were less likely to be feeling positive about their finances. Nearly two-thirds (65%) of men surveyed are feeling positive about their finances. When asked for the top three financial priorities, enjoying life was the most common answer selected.

This was followed jointly by building up emergency savings and paying for basic living expenses. Unexpected expenses was selected as the top financial concern. The research also found that people in Wales were particularly likely to say they feel “extremely positive” about their finances for 2025, with nearly a fifth (19%) agreeing, as did 17% in London.

In Scotland and Northern Ireland, around one in 10 feel extremely positive about their finances, with 10% and 9% respectively feeling this way. The average across the survey was 10%. At the other end of the spectrum, only 5% of people in the South West of England said they feel extremely positive about their finances.

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