Two thirds of 25-to-34-year-olds 'weighed down by money issues'

Nearly two thirds of 25-to-34-year-olds say money issues weighed on their mind last year - making them the most likely age group to have been burdened in this way, a survey has found.

Some 63% of people in this age group had felt weighed down by a money-related issue, such as their savings, pension, debt, salary or any bonus, family finances or travel spend, in 2017.

Money worries were found to span the generations, stretching into retirement.

One in five (20%) over-65s said money worries weighed on their minds last year - as did more than half (54%) of 35-to-44-year-olds.

The findings were released by Curve, an app which allows people to connect and consolidate all their debit and credit cards to into one Curve Mastercard.

Two thirds (65%) of people aged 18 to 24 and 70% of 25-to-34-year-olds said they are looking to improve their finances in 2018.

The research also suggests younger people are more reluctant to discuss money worries.

Over half (51%) of those aged 25 to 34 avoid discussing money worries with family or friends, compared with 20% of those aged over 65.

Shachar Bialick, founder and chief executive of Curve, said the research suggests young people are "sensible, savvy, but also suffer from anxiety about their money, far more than the baby boomers who raised them".

More than 2,000 people were surveyed.

Here are the percentages of people by age group who said money issues weighed on their mind last year, according to Curve:

- 18 to 24 - 41%
- 25 to 34 - 63%
- 35 to 44- 54%
- 45 to 54 -38%
- 55 to 64 - 36%
- 65-plus - 20%

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