Abbey survey reveals widespread financial obesity

Posted 2007-12-11

Alarmingly, only 1% of Britons wield the muscle to state they are completely financially fit, according to a recent Abbey survey.

Abbey’s research of financial fitness was tracked using a scale from zero to one-hundred; zero equalling a “financially fit machine” and one-hundred revealing bloated “financial obesity.”

The poll results exposed an enormous 41% of men and 46% of women were overweight; with a paltry 1% scoring under ten on the scale.

“As many gear up to shift the pounds they pile on over the festive period, we would encourage people to review the financial products they hold and shop around to ensure that they are getting the most competitive deal available,” stated Sue Hayes, Director at Abbey. Adding, “Like exercise, a financial workout can take a bit of effort but for most people the rewards are well worth the exertion.”

When scrutinized by region, Abbey’s research discovered that Wales and the south-west were the financially healthiest areas in the UK, with 42% overweight - while the north of England, at 46%, had the chunkiest weight predicament. But with a mere 4% difference, it’s difficult to point a chubby finger too harshly toward the north.

Elsewhere, the study showed that the vast majority are “financially overweight” - disclosing irresponsible management of credit cards, purchasing habits and banking practices.

Leave a Reply