Back-to-school a key time of year for parents to do financial homework – survey
Back-to-school a key time of year for parents to do financial homework – survey.
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Summary
Back-to-school a key time of year for parents to do financial homework – survey. Although many people take the time to review their finances at significant points in their lives, just one in six (17%) said they would invest extra income they receive through a pay rise or bonus. Family milestones also prompted some people to invest, such as having children, buying a first home, getting married or entering a long-term relationship, according to the survey of 2,000 people in July across the UK, carried out by Censuswide.
Furthermore, Some 27% of parents surveyed for Aviva said they are more likely to review their finances or investments when the schools go back after the summer, compared with the rest of the year. Nearly two-fifths (38%) of people said they would save the money and 28% would spend it. The new year is also a prompt for a third (33%) of people to delve into their finances and make a fresh start.
In addition, Meanwhile, 35% of people are inclined to do so when interest rates change and 34% when the tax year ends. Retirement, growing long-term wealth and starting to earn a regular income were among the most common reasons for people saying they invest. Get a free fractional share worth up to £100.
Moreover, Alistair McQueen, head of savings and retirement at Aviva, said: “Most of us don’t choose to review our finances out of the blue.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
Back-to-school a key time of year for parents to do financial homework – survey.
reliability moderate2/3 sourcesAlthough many people take the time to review their finances at significant points in their lives, just one in six (17%) said they would invest extra income they receive through a pay rise or bonus.
reliability low1/2 sourcesFamily milestones also prompted some people to invest, such as having children, buying a first home, getting married or entering a long-term relationship, according to the survey of 2,000 people in July across the UK, carried out by Censuswide.
reliability low1/2 sourcesSome 27% of parents surveyed for Aviva said they are more likely to review their finances or investments when the schools go back after the summer, compared with the rest of the year.
reliability low1/2 sourcesNearly two-fifths (38%) of people said they would save the money and 28% would spend it.
reliability low1/2 sourcesThe new year is also a prompt for a third (33%) of people to delve into their finances and make a fresh start.
reliability low1/2 sourcesMeanwhile, 35% of people are inclined to do so when interest rates change and 34% when the tax year ends.
reliability low1/2 sourcesRetirement, growing long-term wealth and starting to earn a regular income were among the most common reasons for people saying they invest.
reliability low1/2 sources
Reported detailssecondary facts, each attributed to its source
Get a free fractional share worth up to £100.
according to The IndependentAlistair McQueen, head of savings and retirement at Aviva, said: “Most of us don’t choose to review our finances out of the blue.
according to Evening Standard
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No blind spot detected: every side covers the same facts.
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