Saving for the 21st Century: Home | News Release| Tips on how to save | Where your money should go
Saving is back in fashion
A desire for a better quality of life and some hard earned time off has put Britons back in the mood for saving.
Findings from our latest research show a radical shift in attitudes towards finances, with 46% of people saving an average of £146 a month, and more than a third putting away more than they did three years ago. The opportunity to wave goodbye to the workplace is proving a strong incentive, as 16% of us are saving for early retirement and 13% are putting money aside for time off work, such as sabbaticals.
No-one can deny it is sensible to save, but many can be daunted by getting started: How much do I need to save? How will I ever manage to build up the amount I need?
Although the general rule is to aim to save 10% of your take home pay, the main message is that every penny helps, so start saving tomorrow and get back in fashion. If you want help in deciding how best to save, pop into your local branch, call us on 08457 171777* or take a look at the following sections...