Britons reach the age of 28 on average before they start planning their finances, a new report has suggested.
The Bright Grey Financial Safety Net report found over-35s describing this time as when they started to pay attention to such matters.
A lack of any kind of careful planning or money management when young may mean many people are in serious debt by the time they reach their late 20s or even sooner.
Managing director of the firm Roger Edwards suggested 28 is a key age as it is around that time many people take major steps like getting married, buying a home or starting a family.
"With these changes can come responsibility and this means waking up to the very real need to have finances in order," he noted.
Britons do appear to be increasingly focused on saving for the future instead of piling up debt, director of MyMortgageDirect Catherine Hearnden recently noted.
"It is not all about borrowing now," she concluded.
By Joe White