Article1 July 2020

WATCH: The effect of coronavirus on spending and saving

We look at how day to day spending and savings have changed as a result of coronavirus as we face uncertainty around incomes and jobs. 

WATCH: The effect of coronavirus on spending and saving

When we recently asked if people would need a little or a lot more in savings to feel financially comfortable, 68% said they would. But this wasn’t very different to when we asked the same question in December of last year. This may reflect the fact that many people feel that on a day to day basis, they are spending a little less and saving a little more.