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Centre for Policy on Ageing | |
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Easy come, easy go borrowing over the life-cycle | Author(s) | Andrea Finney, Sharon Collard, Elaine Kempson |
Corporate Author | Personal Finance Research Centre (PFRC), University of Bristol |
Publisher | Standard Life, Edinburgh, 2007 |
Pages | 68 pp |
Source | Link to the research: https://www.bristol.ac.uk/geography/research/pfrc/themes/c... |
Keywords | Financial services [older people] ; Financial institutions ; Consumer ; Life span ; Research. |
Annotation | This research project was undertaken to better understand why people borrow and how borrowing may be mitigated or even avoided among three life stage groups: young adults, people in the family years, and people in post-family years (50s to early 70s). The research involved primary analysis of eight focus groups at these different stages, supported by the literature, secondary analysis of national survey data, and a workshop with experts in the field. In contrast to the pressures to consume of the two younger age groups, the report found that those in the post-family years had generally cautious attitudes to borrowing. The research concludes that policy responses need to focus on the positive advice throughout life of "making money work for you". (RH). |
Accession Number | CPA-180223004 B |
Classmark | J: WNL: WY: BG6: 3A |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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