Nearly half of people are worried about money despite the economic recovery - and a “sizeable minority” spend beyond their means every month - a report has found.
Some 47.5% of people surveyed for a report by ISA provider Scottish Friendly and think-tank the Social Market Foundation said they are worried about money.
The report also found that households in London have less cash left over each month, when housing costs such as rent or mortgages are taken into account, than those in most other UK regions, with the exception of north-east England.
Young people and the self-employed were also particularly likely to be tipped into the red by essential costs.
One in five (20%) of 18 to 24-year-olds were spending more than their income each month on housing and related costs alone - while nearly one in three (28.5%) in this age group went into the red after other essential outgoings such as transport costs, groceries and phone and internet subscriptions were taken into account.
Those more established in their careers were also struggling, with nearly a quarter (22.4%) of 25 to 34-year-olds not earning enough to cover the cost of their housing and other essentials.
And more than a quarter (25.9%) of those in self-employment also said they were in the red after paying for housing and other essentials each month. Among those working full-time, 13% were also spending more than they were earning.
The survey asked 2,000 people about their income and their outgoings.