Many feel impact of festive spending until March

HAVE you been more generous with presents and festivities than your wallet really allowed?

You’re not alone. Almost a quarter (24%) of workers admit that their finances will continue to feel the burden of Christmas spending right up until March, according to a survey by insurance company Aegon.

The research, conducted in partnership with the Centre for Economics and Business Research (Cebr), found workers worry more about money issues than other key issues, such as family problems and even health concerns.

Kate Smith, head of pensions at Aegon, says: “It’s staggering to see that many workers will continue to feel the burden on their purse strings well into the new year.

“Financial concerns result in days being taken off and money worries consuming hours at work every week.”