Brits have got the bit between their teeth when it comes to saving their cash, a report by Legal & General has shown.
The firm’s MoneyMood survey details that 65 per cent of us felt disposed to put money away at the end of January, which was a six per cent rise on last year’s figure.
It would seem that festive overspending may have been a conscious reason for this new-found parsimony, as Legal & General head of investments Julia Clayworth observed.
She said: “MoneyMood found that people who were in the mood to save in the run up to Christmas spent around 40 per cent more over the festive season than they anticipated. People in the mood to spend only spent around seven per cent more than anticipated at Christmas.”
While the number of people actively planning to save has risen, the number planning a significant spend has concurrently dropped with only one in four of us having a major outlay in the offing imminently, which is a four per cent year-on-year decrease.
Related posts:
- Shoppers Cutting Back in the Run up to Christmas British shoppers will not be going mad in the aisles...
- Brits keen for more Royle Family For a show famously based around ordinary people doing very...
- Going to Work is Expensive Business Having a job costs the average worker 2,300 a year...
- Experts Urge People To ‘Save More And Save Earlier’ Financial services providers, trade associations and charities have come together...
- People still Prefer to Spend not Save Millions of people across the UK are not prepared to...