Over 40 per cent of Britons have admitted to wishing they concentrated more on maths when they were in school, a study has found.
The poll also found that 40 per cent of the 2,000 polled don’t feel confident with everyday budgeting and other money management.
The study, conducted by OnePoll, found that the younger generation struggled the most with their finances, with 18-24-year-olds been found to be the least confident with money.
The research was commissioned by Santander, also found four in 10 of the parents who took part in the study admitted they avoided helping their children with maths homework because they “know” they will struggle.
Only one in five parents said they feel “very confident” when helping their child with their work.
Nathan Bostock, CEO of Santander UK, said Britons should be “concerned” with the amount of young people who do not feel in control of their finances.
He added: “We want to encourage greater appreciation and application of these numeracy skills in everyday life – especially when it comes to managing money and household budgeting.”