When it comes to finances and money, what do tradespeople worry about most? Well according to you, the number one concern (and by some distance!) is tool theft.
Due to the nature of the industry and the work, there are naturally more financial worries associated with being a tradesperson then a lot of other jobs.
For example, while the biggest danger to an office worker’s wallet tends to be nothing more than copying in the boss to an inappropriate email, plumbers have the prospect of accidental flooding hanging over them on a daily basis.
But when it comes to finances and money, what do tradespeople worry about most? Well according to you, the number one concern (and by some distance!) is tool theft.
We don’t have to tell you how important tools are. They’re your livelihood – you use them every day and rely on them to get the job done.
All professionals know that when you skimp on your tools, you’re risking pricey long-term damage, so having quality tools on the job isn’t a luxury, it’s an essential.
With the recent spike in targeted tool thefts leaving hardworking tradespeople out of pocket, it’s become an ongoing problem faced by self-employed builders, plumbers and other tradespeople – and one that certainly isn’t cheap.
To find out more about the most common financial concerns, we asked a number of British tradespeople what their biggest worries about working in the industry were.
As well as this, we gathered Freedom of Information data to find out more about the crime statistics, like the number of tool thefts in the UK, from various police constabularies across the country, and used this in reference with our own data on how much the average tools theft costs a tradesperson.
Here’s what we found out…