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

Brits’ financial regrets of 2015 revealed

0
Written by:
07/12/2015
A third (32%) of UK adults said they would have liked to have saved more during 2015, and 18% admitted that one of the biggest financial regrets was not saving any money at all.

Research from savings specialist Standard Life reveals that, aside from savings accounts and ISAs, 14% of Brits say they regret not paying more into a pension during the course of the year. Of those who regretted this, 39% were aged 55 and over.

Other financial regrets include not budgeting (18%), overspending on eating out (13%)buying too many clothes (12%), ordering takeaways (11%) and spending too much on taxis (5%).

However it’s not all bad, a third (27%) of UK adults said that they do not have any financial regrets from the past year.

Julie Hutchison, consumer finance expert at Standard Life, said: “If you have money regrets about 2015, the New Year is the time to get back on track. Make a resolution to start afresh – whether that’s reviewing your spending habits and putting a budget in place or prioritising your savings pot.

“There are lots of apps available to help with your budgeting and when it comes to saving, some providers will let you easily check and top up your ISA or pension online. Whatever it is you’re feeling guilty about, setting goals and sticking to them will go a long way to making you feel in control again.”

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.

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

Few people had heard of ‘furlough’ before March 2020, but the coronavirus pandemic thrust the idea of bein...

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.

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

  • @YourMoneyUK I will be travelling to UK from Gran Canaria and im in reciept of pension credit, am i eligible for this payment?
  • Unclaimed money scheme expanded to aid Covid recovery: https://t.co/lQgBdlQJE0 @YourMoneyUK
  • RT @thenutmegteam: Keeping on top of your pension now could well pay dividends in the future. ⏳ Nutmeg's savings and investments specialis…

Read previous post:
Dragons’ Den star Sarah Willingham’s Christmas saving tips

Sarah Willingham, entrepreneur and star of BBC Two’s Dragons’ Den, shares her top tips on making a frugal Christmas more...

Close