Fretting does not get finances on right foot

Men are more likely than women to fret about their finances instead of putting them in order, a study found.

Three-quarters of people worry about their cash flow, but about four in 10 of them admit to spending more time fretting than taking action, the survey from Treasury-backed NS&I said.

Of those, 45 per cent of men compared with 37 per cent of women do more worrying than planning about their finances.

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John Prout, NS&I savings spokesman, said: “Britons seem to be getting into a cycle of financial fret. Time is spent worrying instead of focusing on money management and finances suffer as a result, causing more stress.”