Nearly a quarter use loans and credit cards to pay bills or meet day-to-day living costs, according to accountancy firm KPMG.
MOST people believe financial education should be on the national curriculum as research confirmed UK adults are heavily in debt. More than half of the 2,304 people questioned owed debts of pound;10,000, excluding their mortgage, while 16 per cent were up to pound;40,000 in the red.
Log in or register for FREE to continue reading.
It only takes a moment and you'll get access to more news, plus courses, jobs and teaching resources tailored to you