RELUCTANT SAVERS

The Chronicle - - Your Money -

THREE-QUAR­TERS (75%) of peo­ple con­sider them­selves to be “savers” – but only 39% of­ten put money into a sav­ings ac­count, ac­cord­ing to re­search from TopCash­back.co.uk.

Adam Bul­lock, UK director of TopCash­back.co.uk, says: “It is likely peo­ple are spend­ing wisely to make ends meet, mak­ing it tricky to put away any left­over cash.

“But, if peo­ple aren’t putting this money aside into a sav­ings ac­count, the ef­forts of spend­ing wisely will not have an im­pact on ac­tual sav­ings and the need to make ends meet each month will only con­tinue.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.