Published On: Sat, Apr 13th, 2024

Most Britons only have enough money in the bank to survive for four months | Personal Finance | Finance


UK residents believe they could only maintain their current lifestyle for four months if they suddenly lost their job, new research reveals.

A survey of 2,000 UK adults has found that the average length of time people think they could maintain their current lifestyle is 4.21 months – however, more than a fifth of UK adults (22 percent) think they could live off their emergency fund for over 6 months.

One worrying statistic that emerged from NerdWallet UK’s research was that 10 percent of…



Source link