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76% of UK Adults Now Saving For The Future

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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.

46% of respondents said that a pledge to improve their financial situation was included in their New Year’s resolutions. Almost a quarter (22%) are planning to save more in 2015, and just under one in five (19%) aim to slash their daily living expenses.

The report also highlighted the problem of under-saving in the UK, with only 28% of participants indicating they are content with the amount of money they currently save; 26% 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.”

For suggestions on how you can start making some crucial savings this year, click here to access the Your Money guide to finding an extra £300 per month.

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