According to NatWest, which looked at the data of 750,000 anonymised customers, around half are not saving any money each month. Household finances are under pressure – earlier this year the Resolution Foundation thinktank described it as “an unprecedented income squeeze over the past decade”. Martin Lewis, founder of Money Saving Expert, agrees: “There are people in this country who have less income than their minimum outgoings, and that is a real crisis,” he says.
First tip: Have spare income to put away...
Now that's a sign that people are paying more in bills rather than wasting money. It's stuff out there, high utility bills, high cost of living etc etc.
Before I was married, I always saved the amount of my pay rises. Maybe I need to try that again.
Number 1. Hide it from the taxman
Tip 1 - don't buy or subscribe to the Guardian.
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