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We Spend Half Our Money on Our Mortgages

Wed, 05 Apr 2006
New research from The One Account highlights that we spend half our income on just paying our mortgages .

Once we have handed 50% of our income to mortgage lenders, 60% of us work unpaid overtime to maintain our lifestyles .

We are experiencing increasing financial problems trying to maintain a work/life balance.

We are so busy concentrating on job security that we forget to take good care of ourselves or maintain an active social/family life outside work.

86% of us stated due to our mortgage commitments we do overtime in order to ensure job security .

As we are so office bound, we cease to pursue hobbies or leisure activities.

Nearly half of us spend no time at all on hobbies, with 44% saying it affects our love life, and 29% of us mortgage holders state that we do not get enough sleep.

Two fifths of us spend less time keeping fit than we would like to, with 30% of us eating convenience foods as opposed to more healthy meals.
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