Do you have a savings goal?
The latest NS&I Savings Survey has revealed that Britons who set themselves a savings goal are likely to save 44% (£42.50) more per month than those who don't - this adds up to an additional £500 saved every year.
On average, those with regular savings goals manage to set aside £139.79 each month, compared to £97.28 for those without a goal. Despite this however, NS&I suggest that only 29% of the population say that they actually set themselves a goal and save for something specific.
Source: Credit Action November 2011 edition
