For our customers who are struggling or unable to save, you certainly shouldn’t feel alone. 10% of UK adults have no savings at all, 14% have less than £100 in savings (including those with zero) and 24% have less than £1,000 in savings (includes those above).*
It’s okay to not be able to save right now but whenever you are ready, even just a start could lead to a big change further down the line. One thing that people find the most daunting is developing a saving habit in the first place.
When you feel like you’re ready, our Savings Hub contains explanations of the different types of saving accounts that we offer, plus further hints and tips on how to get started with simple budgeting. We’ll also be here to talk, either over the phone or in person, whenever you are ready to begin your saving journey.
If you’re worried about money, our support pages provide hints and tips on managing your money as well as further information and links to additional support that is available online.
*UK Savings Week Stats. Research was conducted by Opinium 24-28 May 2024. The sample size was 2,000 UK adults. uksavingsweek.co.uk