Managing Household Finances - UK - May 2019
“Managing household finances is a task few can avoid, yet for most it is something to be tolerated rather than enjoyed. Despite an explosion in the number of tools available to help manage finances, over half of those under 35 struggle to balance financial tasks. There are also signs that older consumers don’t appreciate the more proactive role banks are taking to help people manage their finances.”
– Thomas Slide, Senior Financial Services Analyst
This report examines the following issues:
- What role does technology play in managing household finances?
- Are financial apps reaching those who need them the most?
- Does education matter as finances become more automated?
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