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The amount that Britons save every month has dropped to a two-year low, a new study has revealed. This could mean many people struggle to meet future expenses, such as a wedding.
Some Britons have admitted that they did not start saving until they reached the age of 40 or older. The NS&I survey found that while women look to the short term, men save money for future expenses.
A new survey has revealed that many British households do not have the financial protection in place should an unexpected event impact upon a family.
Britons who decide to address their debt responsibilities and clear their credit card balances may agree with one financial expert that it is down to people themselves to sort their finances.
A new study by Aviva has revealed that many pre-retirees still find themselves lumbered with debt, which could mean some have to work longer to help service such financial commitments.
If you have a number of credit card debts but a lack of cash to clear what you owe then you may want to know what your options are regarding raising the money to pay off your lenders.
More borrowers in England and Wales have turned to individual voluntary arrangements to repay what they owe, although many people may prefer to clear their debt by other means.
New figures from the ONS have revealed that the divorce rate for England and Wales fell in 2008, one reason for which could have been because of the economic downturn.
The cost of retirement could place a burden on some household finances, but in order to maintain a good standard of living, some Britons may want to raise money without resorting to credit.
Many Britons are unaware of the rule change coming into effect about the minimum age of retirement in April, according to a new report.
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