Resolutions already being broken, says Lloyds TSB

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Resolutions already being broken, says Lloyds TSB

Fri 12th Jan 2007

Over half of people will have broken their new year's resolution at this present point in time and by the end of the month that figure will have risen to over three quarters, says Lloyds TSB.

In addition to the news that getting fit and losing a few pounds is the number one resolution, Lloyds TSB also reports that 74 per cent want to start saving as part of their plans for 2007.

Bearing this in mind, the bank has decided to set up the Lloyds TSB Save the Change campaign which is designed to round up every purchase made on a debit card to the nearest pound with the excess being placed into a savings account.

Liz Hogbin, Lloyds TSB head of savings, remarked: "For many of us saving is a bit like going to the dentist, we know we should do it but we keep putting it off. That's why we're committed to making saving as easy as possible for our customers."

"As an extra boost to get people started we will be matching the money you save in both February and March up to £50 each month so customers could easily have a £200 nest egg saved by Easter with no effort at all."

Lloyds TSB Save the Change will start on February 1st and in order to register, customers need to set up a current account which will then be linked to a savings account.

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