The everyday tasks people need to complete outside their working day are becoming so overwhelming that they are losing sleep worrying about things lik…
The everyday tasks people need to complete outside their working day are becoming so overwhelming that they are losing sleep worrying about things like paying off credit cards or booking appointments.
New research released by the Payments Council highlights how the amount of people who are becoming stressed out over daily chores is almost equal to the number of people living in the north-west of England.
The Life's Long List report has been put together by surveying 2,085 adults in the UK and it found that one in five individuals find their daily ‘to-do list' so long that it plays on their mind almost all the time. Some 14 per cent are so worried by their tasks that they end up losing sleep over them.
Interestingly, younger people were found to be suffering the most, with 30 per cent of 18-24 year olds – around 1.8 million people – so concerned that they feel ill and 21 per cent admit they lie awake thinking about the things they are yet to strike off their list.
It is perhaps not surprising young people suffer the most as they are the ones getting into the largest amount of debt in the shortest time frame. With students having to fork out thousands of pounds for their qualifications on top of living costs it is easy to see why many are stressed.
Overall, nearly all people in the UK (96 per cent) have a list of tasks of some sort that never seems to end. Household chores are naturally the biggest factor, appearing on 60 per cent of people's lists followed closely by tackling home improvements (57 per cent) and general tidying up (56 per cent).
Strangely, financial planning tasks ranked low on individual's lists. Only a third of people (35 per cent) intend to save for a rainy day and 25 per cent plan to pay off their credit card bill. Meanwhile, moving bank accounts for a better deal features on 16 per cent of to-do lists.
While it is good that people are not stressing too much about their finances, they must still take the time to make sure the budgets are being balanced.
By Amy White