Nationwide urges consumers to adopt 'saving mentality'

Money News

www.moneynews.co.uk > Banking > Nationwide urges consumers to adopt 'saving mentality'

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

Nationwide urges consumers to adopt 'saving mentality'

Consumers are being encouraged to save as prudently as possible in order to start saving for their financial futures.

Nationwide's call comes following research carried out by the group showing that over a fifth of people not saving at all.

Over a third of people are managing to save, Nationwide's figures show.

Roy Beale, a spokesperson for Nationwide, said that while a number of recent interest rate rises had made saving a more attractive option, savers needed to be wary of attractive short-term deals which might prove to be a bad option in the future.

He called for people to pay close attention to the terms of deal, such as whether an attractive introductory bonus would soon be followed by a rate reduction.

"Nationwide is committed to offering long-term good value, as demonstrated by our range of guarantees and appearance in the best buy tables for the most consistent paying accounts over the past three years," he added.

Related News : Banking

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Related News : Nationwide

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet