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Don’t care about saving, might start next year

According to research from Alliance and Leicester almost 14 million of us failed to save anything in 2008 and one in seven say they aren’t concerned about it.
Perhaps more surprisingly 31 million Britons (around 64% of respondents) did manage to put at least some money away during this very difficult year and one in five of these people said they had been shaken by the financial situation.
Ten percent of Britons plan to start saving for the first time in the new year to build some reserves against the future and cutting down on spending is the third most popular new year’s resolution – behind exercising and dieting.
Chances are that most incomes will go towards meeting existing commitments such as mortgage repayments, utility bills, personal loan payments and so on, leaving little to save.

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December 25, 2008 at 10:30 pm | personal loan | No comment

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