Young people struggling to save

SavingsNew research has shown that young people are finding it harder than ever to build up savings. According to the Pension and Lifetime Savings Association young people, aged 18 – 35, want to save but find their ability to save “curbed by short term necessity”. The research of nearly 1,000 young people, also concluded that: 51% of young people get more satisfaction from saving than spending money A similar number, 53%, disagreed that young people tend to live for today Perhaps surprisingly, more than half (57%) of the people surveyed said they ...