February 26, 2009

New drive for savers

Story link: New drive for savers

As mentioned before, I am definitely with agreement with Abbey Savings here, as I believe the recession has increased the awareness and highlighted the importance of saving and stabilising finances for the future, just in case things get worse.

New drive for savers

Abbey Savings has claimed that the recession has given rise to “a new age of thrift” as people cut back on their outgoings in order to save more money.

The bank conducted a study which found that Brits have made an average saving of £3,168 by cutting down on their living expenses in the past year.

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