Now, yet another study has found that money remains a major issue for many in the UK, with nearly a third of people reporting that they currently feel ‘negatively’ about their financial situation. Those surveyed said that this increased their stress levels and led to a lower quality of life, with 15% saying that their relationship with money led to their mental health worsening.

The research, which was undertaken by credit card provider Aqua, found that almost four in five people say that they have recently made a financial mistake. Impulsive spending and not adding to savings frequently enough are two major reasons for this.

Almost a third of us feel negatively about our financial situation, new research finds