Savings News
Rural reserves surpass city savers
With an average savings balance in rural areas of £9,435, urban savers across all regions of England and Wales have fewer savings than their country neighbours.
Brits admit to not knowing how to fund later life costs
Just under a third of Britain's adults (31%) do not know how they will finance their needs in later life, including such eventualities as long-term illness, nursing home or care fees and care of others including partners, parents and siblings, according to NS&I's latest Quarterly Savings Survey.
One in five partners keep a secret 'money stash' from their other half
Do you know how much your partner earns? Do you know how much they have saved up? Research from financial solutions provider All About Money suggests that many people aren't really sure - or they're being actively misled.
5 tips for saving money on your household bills
We’d all like a little more money in our pockets at the end of the month, but household bills have a propensity to slowly stack up.
Faced with a ‘windfall’ sensible Brits would save cash
Brits would battle head over heart if faced with a £15,000 windfall, according to research from J.P. Morgan Asset Management (JPMAM).
Nationwide celebrates the second anniversary of Save to Buy
Nationwide Building Society is helping tens of thousands of aspiring home buyers move a step closer to buying a property of their own through its Save to Buy scheme.
Household wealth soars past £7 trillion
Total net household wealth in the UK has soared past the £7 trillion mark for the first time, according to latest research from Lloyds TSB Private Banking.
More Brits save in a ‘coin jar’ than in a bank or building society
More Brits regularly save cash in a coin jar than in a bank or building society savings account, according to new research.
Expert tips on avoiding a gloomy start to your new financial year
April marks the beginning of the new financial year, but despite narrowly missing the advent of a triple dip recession, the unveiling of a gloomy budget reveals that this year is likely to look very similar to the last.
Save a deposit for your first home in just six months
Peter Edmonds, independent mortgage advisor at Central Financial Services, discusses how first time buyers could save a deposit and purchase their first home in much less time than money househunters think:
The rainy day fund - a third would last less than a month on savings
Millions of Brits would last just weeks living off their savings, it has been revealed. Researchers, who carried out a detailed study into the financial commitments of 2,000 adults, discovered that one in three would last less than a month if they were forced to fall back on the rainy day fund.
Couples miss out on savings by living financially separate lives
Over half (57%) of UK households are missing out on savings of over £350 per year by failing to consolidate their finances with family discounted products, new research from Aviva reveals.
Half would be ‘completely stuffed’ if they lost their job
More than half the working population would be ‘completely stuffed’ if they lost their job tomorrow, it emerged.
Seven mistakes - average Brit has seven major regrets in life
The average adult has seven major regrets – with starting smoking, not saving enough money or putting on weight likely to be top of the list, it has been revealed. A study of 2,000 adults revealed taking up smoking was the most common regret, with 88% of smokers wishing they had never started in the first place.
Austerity tacticians - the money saving measures we use at home
Millions of Brits have adopted a war-time style ‘rations’ mentality in order to save money amid the continuing economic downturn, has been revealed.