The Savings Habits Of The Nation Are Changing

Published: 6/4/2010

According to the Legal and General MoneyMood survey, the people of the UK are changing their habits regarding saving.

Compared with this time last year there are around 6 percent more people saving money now. It appears that consumers are, generally, not spending as much of their money as they once were, preferring instead to build up a buffer should they need the cash for more important things in the future. People are still going out and spending their money, just not quite as much as they used to be.

As a Legal and General savings spokeswoman said, it is good that consumers are managing to change their habits, ensuring they have some money put to one side whilst still being able to enjoy themselves.