A recent Financial Wellness Monitor report by Old Mutual shows that many workers in Kenya continue to face financial challenges.

According to the report, about 43 percent of Kenyan employees remain financially stressed, highlighting that money-related pressure is still a major issue for a large portion of the workforce. While some people are becoming more disciplined with their finances, many still struggle to maintain stability.

Roughly four in ten working Kenyans say financial stress affects their daily lives. The report also notes that 44 percent of respondents say financial problems negatively impact their mental and physical health. This figure has slightly improved, dropping by three percent compared to 2024, but financial stress remains a concern.

Overall, stress levels have remained relatively steady compared to last year, though differences appear across age groups. Younger workers aged 20 to 29 report lower levels of financial stress, while those aged 50 and above are experiencing increasing financial pressure.

The report also highlights spending habits as a major contributor to financial strain. About 46 percent of Kenyans admit they often spend more than their monthly budgets allow, making it harder to manage their finances.

Factors such as rising prices, unexpected emergencies, and impulsive purchases are identified as key reasons behind this overspending.