Over half of 20-somethings say money pressures have affected mental health

More than half of 20-somethings say money pressures have had a negative impact on their mental health, a survey has found.

Some 54% of people aged in their 20s said this, putting the issue ahead of self-esteem concerns (49%), body image pressures (47%) and work pressures (37%).

The survey of more than 1,000 20- to 29-year-olds was commissioned jointly by BBC Radio 5 Live and HuffPost UK.

It also found that almost two-thirds (65%) of people in their 20s say they have less than £500 in savings and 30% have no savings at all.

The majority (59%) of young people say they have a harder life than their parents did when they were the same age.

Less than one in five (19%) people surveyed own their own home, and 28% are confident that they will own a property in the future.

Meanwhile, just over a quarter (28%) of people in their 20s would be willing to pay higher taxes to help the environment – putting it behind the NHS (54%) and schools (30%).

The survey of UK 20-somethings was released on the same day that BBC Radio 5 Live and HuffPost UK are being taken over by people in their 20s.

All the news programmes on Radio 5 Live are being co-presented by presenters in their 20s, with journalists in this age group helping shape the content of the output throughout the day.

A range of reports and features on the HuffPost UK website are being written and produced by journalists in their 20s, which will shed light on what life is like for 20-somethings in the UK in 2019.