Youngsters Save More Than Us Adults

Published / Last Updated on 18/09/2005

A survey from National Savings & Investments has found that young people are the best savers in Britain.  People between the ages of 16-19 saved 10.11%, which is higher than all other age groups in the UK. 

Over the past year, men have consistently saved more than women with 60% for men, compared with just over 50% for women.  Part-time workers saved the highest percentage of income in every season over the past 12 months, except winter. 

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Alas, our youngsters will forget all about saving when they discover booze, fags and Ibiza!

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