MORE than one third of adults within the UK are anxious about their on a regular basis funds, latest polling from Christians Against Poverty (CAP) suggests.
Through its latest campaign, “Budget not Blues”, the charity is urging more churchpeople to coach to change into money coaches to support people who find themselves struggling financially, with budgeting and debt, for instance.
In its weighted poll of 2000 UK adults, conducted by Opinium Research in early December, CAP reports that one third (33 per cent) are “suffering each day anxiety about their funds”. Compared with the UK population, that is akin to 17.1 million people, CAP says.
Of these, 38 per cent consult with the high cost of essential items as the first reason behind their financial worries (akin to about 7.6 million people within the UK). One quarter say that they would love help with budgeting. This is compared with greater than half the 18- to 34-year-olds surveyed.
CAP’s chief executive, Stewart McCulloch, said: “These shocking statistics paint a stark picture of the financial anxieties facing hundreds of thousands, but additionally they highlight where the Church can extend its ministry to bring hope and light-weight into people’s lives.”
One of CAP’s money coaches, Ali Vipond, said: “We’ve had really positive feedback. It’s helped people to lift the burden of monetary worry, enabled them to take control of their funds, and given them freedom to do the things which might be necessary to them.”
Budget not Blues free money-coaching sessions might be booked on the CAP website. CAP also provides a advantages calculator and free debt advice.