You are here: Home - Uncategorized -

Laziness stops people saving

Written by:

A half of all Brits would save more if it was easier for them to put their money aside, new research has showed.

The research from National Savings and Investments (NS&I) and Tesco Personal Finance found that almost half of all people (46%), complain they only have limited time to make financial decisions, making it harder for them to keep on top of their finances.

The research showed only 55% of the population are saving regularly, but almost half (48%) of Brits would save more if it was easier.

And providers are set to release new savings channels to encourage busy Brits to keep on top of their finances, with more non-traditional personal finance channels such as supermarkets and Internet-only accounts, according to the research.

Trevor Bayley, NS&I’s acting chief executive, said: “Hectic lifestyles mean that we often find it difficult to keep on top of our finances and providers can help by making saving more accessible.”


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Women love football more than their appearance

Women are spending more on following football teams than they are on beauty products, new research shows.