Young families are among the groups facing the tightest squeeze to their household incomes as the UK's economic woes take hold, new figures have revealed.
Those in the 35-44 age group, struggling with large debts and with young children to look after, were highlighted as the most "financially squeezed" in Aviva's new Times of Our Lives report.
A third of people in this age group said 'how to pay for unexpected costs' was a key worry for them.
Britons as a whole typically face an "income gap" of £411 a month - in other words, a shortfall between what they take home each month and what they would actually need to live on comfortably.
Interestingly, grandparents appear willing to accept a squeeze on their finances more than other groups in the survey - those aged over 65 said they need £380 extra each year, which is in sharp contrast to 25 to 34-year-olds with a monthly net income of £2,287 who said they need £12,003 more a year.
Copyright Press Association 2012