Money impacts most aspects of our lives, every day, no matter who we are.

When we feel in control of our finances, we can make choices with our money and don't need to worry too much. We can enjoy our lives in the day-to-day and save for the future.

When we are not in control of our finances, it can feel as if money makes choices for us. Money can determine how we live, how we spend out time and what we worry about.

This research point to three main causes of financial shortfalls, which impact people's levels of financial resilience and ultimately, their financial wellbeing. These are:

• Limited savings
• Financial emergencies
• Timing mismatch between income and expenses