Britons Consider Saving Important

Published: 5/31/2010

9 out of 10 Brits believe it is important to save according to a study carried out by the Nationwide Building Society.

Although it is good to see so many people recognising the importance of having a fund of money to call upon should it be needed only around 55 percent of people actually put money aside on a regular basis. Approximately 25 percent of people save money occasionally whilst almost 20 percent do not have savings at all.

This situation is not through choice in many instances though,as a Nationwide Building Society spokesman explained. With the cost of simply paying bills, buying food and running a car stampeding ever higher it becomes financially impossible for many people to save regularly, if at all. This is a shame since some of the best savings rates for many years are now available to customers.

See how Nationwide Building Society savings accounts compare at Moneygossip.co.uk