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. While the typical Brit has more than £12,000 in savings, there is a significant gender gap, with women having £3,000 less than men on average.
Among savers, 60 percent are keen on maximizing their savings “just in case” of future uncertainties.
Among different age groups, those aged 25-34 save the most, with an average of nearly £490 per month, whereas older adults aged 65 and over contribute the least, with just £228 monthly.
These resources include the chance to book a call with a financial wellbeing consultant for additional support.
The Need for Financial Education
Leveraging digital tools allows individuals to move money effortlessly, gain insights to facilitate budgeting, and capitalize on interest rates to optimize their savings.
