If you’re losing sleep over your finances, you’re not the only one. According to research1, nearly half (45%) of UK adults are lying awake at night because they’re worrying about money.
The squeeze on people’s finances caused by the cost-of-living crisis is understandably a large part of this wave of insomnia, with those surveyed saying they’re struggling to pay for essentials.
Enter professional financial advice
Financial advice has been shown by study after study to lead to better financial outcomes for consumers. However, especially during difficult times such as these, it can also have a beneficial impact on our mental health and wellbeing. Advised consumers tend to exhibit lower levels of anxiety over their household finances and retirement income, and feel more in control of their finances and more prepared to cope with life’s shocks.
This is backed up by a study2, which found that 42% of people would value extra financial advice or guidance during the cost-of-living crisis, while just under a third are anxious about money matters right now.
Let’s get you sleeping better
Life is too short to lose sleep over your finances. Get in touch with us and we’ll help you get your finances in order, to ensure your money is working for you. Let’s take back control and enjoy sweet dreams in 2024.
2Standard Life, 2023
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.