BRITS are putting more into their “rainy day fund” than ever before as coronavirus and economic uncertainty curbs peoples’ spending and encourages them to save money. A study of 2…
BRITS are putting more into their "rainy day fund" than ever before as coronavirus and economic uncertainty curbs peoples' spending and encourages them to save money.
It also emerged spending habits have changed dramatically since the start of the lockdown, with the average adult £146 better off after cutting back on things such as clothing, takeaway coffee, eating out and entertaining.THE Sun has rounded up some handy tips to help you save cash during lockdown.
However, the survey also highlights that one quarter of adults are worse off financially since the pandemic struck. But regardless of a person’s current financial situation, six in 10 adults now say they are more likely to put money away for a rainy day, rather than spend it when they do have it. One fifth of adults want a buffer in case they lose their job and 13 per cent want it there in case illness means they can’t work for a while.
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