| All News | Archived News |
UK`s financial resolutions revealed
28 December 2007
The financial priorities of people in the UK as 2008 approaches have been unveiled in a new report by Nationwide.
According to a survey by the bank, saving is the main resolution being made by cash-strapped Brits. A quarter (25 per cent) said they want to put more money aside in 2008, while nearly as many (23 per cent) aim to begin saving.
It would also appear that people intend to become more debt-savvy in the new year. The fourth most popular resolution was getting rid of credit cards (six per cent), while five per cent want to get better deals on their communications and entertainment packages.
Another three per cent hope to be better organised with their paperwork.
"New Year`s resolutions can fall by the wayside as the year goes on, but by making one resolution and sticking to it you can really make a difference to your finances," said Stuart Bernau, Nationwide executive director.
In other debt management news, the Council of Mortgage Lenders warned that those with poor credit ratings may find it hard to get credit next year.
Speak to an expert today
Call freephone: 0800 161 3516
©2008 Gregory Pennington Ltd. Pennington House, Carolina Way, South Langworthy Road, Salford M50 2ZY. Company Registration No. 2855061
Registered in England and Wales
Part of the Think Money Group. Our initial advice on your best financial solution is free. Fees payable where continuing services are provided. Calls may be recorded for training and quality purposes.
Debt Management | Debt Solutions | Debt Consolidation | IVA | Trust Deed