You are here: Home - Saving & Banking - News -

Three quarters of UK adults now saving for the future

Written by:
Over three quarters of UK Adults are preparing to modify their lifestyles to allow them to save for their future, according to a new survey published by Standard Life.

Forty-six per cent of respondents said that a pledge to improve their financial situation was included in their New Year’s resolutions. Almost a quarter (22 per cent) are planning to save more in 2015, and just under one in five (19 per cent) aim to slash their daily living expenses.

The report also highlighted the problem of low savings in the UK, with only 28 per cent of participants indicating they are content with the amount of money they currently save; 26 per cent said they did not currently save at all.

“It’s clear that lots of people are trying to get on top of their finances,” Julie Hutchison, Standard Life’s Consumer Finance Commentator said, “now is a great time to start planning, and understand your options.”

If you’re keen to start making savings in 2015, read the Your Money guide to saving £300 every month by clicking here.

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.

Coronavirus and your finances: what help can you get in the second lockdown?

News and updates on everything to do with coronavirus and your personal finances.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

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.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

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...

Money Tips of the Week

Read previous post:
Aviva extends free life cover to parents of under-fives

Aviva has increased its free life cover for parents to £15,000 per parent, per child and is now available to...