Daily Archives: June 13, 2019


The Average UK Worker Should Be Able To Save £10,000 A Year

When it comes to our savings, one thing’s clear – 1 in 3 Brits are living dangerously close to the edge. The Money Advice Service recommends keeping three months’ essential outgoings in savings to cover an emergency or unexpected bill. However, just under a third of people in the UK have less than £1,500 in the bank, and 15% of people have no savings at all.   In fact, there is an even more damning statistic. Over half of Brits do not add to their savings on a monthly basis.   Looking at the above, it may seem impossible for many to save £1,000 a year let alone £10,000.   […]