{"id":21654,"date":"2026-01-10T04:37:09","date_gmt":"2026-01-10T04:37:09","guid":{"rendered":"https:\/\/lotayamedia.xyz\/?page_id=21654"},"modified":"2026-01-10T04:37:09","modified_gmt":"2026-01-10T04:37:09","slug":"1-in-10-brits-have-no-savings-how-to-build-a-savings-habit","status":"publish","type":"page","link":"https:\/\/lotayamedia.xyz\/?page_id=21654","title":{"rendered":"1 in 10 Brits Have No Savings: How to Build a Savings Habit"},"content":{"rendered":"<div class=\"offcanvas\">\n<div class=\"offcanvas-header cs-bg-navbar-dark\"><\/div>\n<aside class=\"offcanvas-sidebar\">\n<div class=\"offcanvas-inner\">\n<div class=\"widget block-6 widget_block\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<div id=\"page\" class=\"site\">\n<div class=\"site-inner\">\n<div class=\"site-content sidebar-enabled sidebar-right post-sidebar-disabled\">\n<div class=\"cs-container\">\n<div id=\"content\" class=\"main-content\">\n<div id=\"primary\" class=\"content-area\"><main id=\"main\" class=\"site-main\"><\/p>\n<article id=\"post-39242\" class=\"entry post-39242 page type-page status-publish\">\n<div class=\"entry-content-wrap\">\n<div class=\"entry-content\">\n<div class=\"code-block code-block-1\">\n<div id=\"div-gpt-ad-1764870157670-0\" data-google-query-id=\"CP6Fx8-SgJIDFYL4TAIdEWYO6Q\">\n<div id=\"google_ads_iframe_\/22861800949\/33484766672_0__container__\"><\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-39081\" src=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/%E1%81%82%E1%81%82%E1%81%82%E1%81%82-6-1-1160x234-1-2.png\" sizes=\"auto, (max-width: 1160px) 100vw, 1160px\" srcset=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2.png 1160w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2-300x61.png 300w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2-1024x207.png 1024w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2-768x155.png 768w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2-800x161.png 800w\" alt=\"\" width=\"1160\" height=\"234\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-39081\" src=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/%E1%81%82%E1%81%82%E1%81%82%E1%81%82-6-1-1160x234-1-2.png\" sizes=\"auto, (max-width: 1160px) 100vw, 1160px\" srcset=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2.png 1160w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2-300x61.png 300w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2-1024x207.png 1024w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2-768x155.png 768w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/\u1042\u1042\u1042\u1042-6-1-1160x234-1-2-800x161.png 800w\" alt=\"\" width=\"1160\" height=\"234\" \/><strong>Why Savings Matter in the Cost-of-Living Crisis<\/strong><\/p>\n<p class=\"ds-markdown-paragraph\">A recent\u00a0<strong>Financial Conduct Authority (FCA) survey<\/strong>\u00a0revealed that\u00a0<strong>10% of UK adults have no cash savings<\/strong>, leaving them exposed to unexpected expenses. Additionally,\u00a0<strong>25% of Brits have &#8220;low financial resilience&#8221;<\/strong>, meaning they struggle to cope with financial setbacks.<\/p>\n<p class=\"ds-markdown-paragraph\">While progress has been made\u2014such as fewer\u00a0<strong>unbanked adults<\/strong>\u00a0(down from 1.1 million in 2022 to 0.9 million in 2024)\u2014many still struggle to\u00a0<strong>save consistently<\/strong>. Rising costs for\u00a0<strong>groceries, energy, and fuel<\/strong>\u00a0(as highlighted in the\u00a0<strong>NatWest Savings Index 2025<\/strong>) make saving harder, but even small amounts can make a difference.<\/p>\n<h2><strong>How to Start Saving\u2014Even on a Tight Budget<\/strong><\/h2>\n<p class=\"ds-markdown-paragraph\">Rachel Springall,\u00a0<strong>Finance Expert at\u00a0<a href=\"https:\/\/moneyfactscompare.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Moneyfactscompare.co.uk<\/a><\/strong>, says:<\/p>\n<blockquote>\n<p class=\"ds-markdown-paragraph\">*&#8221;Saving small amounts regularly is key to building a safety net. Aim for\u00a0<strong>3-6 months\u2019 essential outgoings<\/strong>\u00a0in an emergency fund.&#8221;*<\/p>\n<\/blockquote>\n<h3><strong>Tips to Kickstart Your Savings:<\/strong><\/h3>\n<p class=\"ds-markdown-paragraph\">\u2705\u00a0<strong>Start small<\/strong>\u00a0\u2013 Some accounts allow deposits as low as\u00a0<strong>\u00a31<\/strong>.<br \/>\n\u2705\u00a0<strong>Automate savings<\/strong>\u00a0\u2013 Use\u00a0<strong>round-up tools<\/strong>\u00a0(e.g., spare change from debit card spending).<br \/>\n\u2705\u00a0<strong>Choose high-interest accounts<\/strong>\u00a0\u2013 Avoid keeping savings in\u00a0<strong>0% interest current accounts<\/strong>.<\/p>\n<h2><strong>Beat Inflation with the Right Savings Account<\/strong><\/h2>\n<p class=\"ds-markdown-paragraph\">The\u00a0<strong>Bank of England warns inflation could hit 3.7% by September 2025<\/strong>, eroding cash left in low-interest accounts. Shockingly,\u00a0<strong>\u00a3300 billion sits in UK accounts earning no interest<\/strong>.<\/p>\n<h3><strong>Best Easy Access Savings Accounts (2025)<\/strong><\/h3>\n<div class=\"ds-scroll-area _1210dd7 c03cafe9\">\n<div class=\"ds-scroll-area__gutters\">\n<div class=\"ds-scroll-area__horizontal-gutter\"><\/div>\n<div class=\"ds-scroll-area__vertical-gutter\"><\/div>\n<\/div>\n<table>\n<thead>\n<tr>\n<th><strong>Account<\/strong><\/th>\n<th><strong>Interest Rate (AER)<\/strong><\/th>\n<th><strong>Withdrawal Limits<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Chip Easy Access Saver<\/strong><\/td>\n<td><strong>4.25%<\/strong>\u00a0(drops to 2.67% after 3 withdrawals\/year)<\/td>\n<td>3 penalty-free<\/td>\n<\/tr>\n<tr>\n<td><strong>West Brom Four Access Saver<\/strong><\/td>\n<td><strong>4.10%<\/strong>\u00a0(drops to 2.15% after 5 withdrawals\/year)<\/td>\n<td>4 penalty-free<\/td>\n<\/tr>\n<tr>\n<td><strong>Atom Bank Instant Saver<\/strong><\/td>\n<td><strong>4.00%<\/strong>\u00a0(drops to 2.50% if withdrawn in month)<\/td>\n<td>No limit, but rate cut<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p class=\"ds-markdown-paragraph\">\u26a0\u00a0<strong>Watch out for bonuses<\/strong>\u00a0\u2013 Some rates include short-term boosts that later drop.<\/p>\n<h2><strong>Final Thoughts: Take Control of Your Savings<\/strong><\/h2>\n<p class=\"ds-markdown-paragraph\">Even\u00a0<strong>small, regular deposits<\/strong>\u00a0can grow into a\u00a0<strong>financial safety net<\/strong>. By choosing a\u00a0<strong>high-interest, flexible savings account<\/strong>, you can\u00a0<strong>protect your money from inflation<\/strong>\u00a0and build long-term security.<\/p>\n<p class=\"ds-markdown-paragraph\">\ud83d\udca1\u00a0<strong>Ready to start? Compare the best savings accounts today!<\/strong><\/p>\n<div class=\"code-block code-block-5\">\n<div data-type=\"_mgwidget\" data-widget-id=\"1881999\" data-uid=\"02eb1\">\n<div id=\"mgw1881999_02eb1\">\n<div class=\"mgbox\" data-template-type=\"container\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-39243\" src=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028.jpg\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" srcset=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028.jpg 1920w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028-300x300.jpg 300w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028-1024x1024.jpg 1024w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028-150x150.jpg 150w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028-768x768.jpg 768w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028-1536x1536.jpg 1536w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028-80x80.jpg 80w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028-800x800.jpg 800w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/InShot_20260109_211413028-1160x1160.jpg 1160w\" alt=\"\" width=\"1920\" height=\"1920\" \/>\u00a0<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-39244\" src=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/FB_IMG_1767969574105.jpg\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" srcset=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/FB_IMG_1767969574105.jpg 1080w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/FB_IMG_1767969574105-300x300.jpg 300w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/FB_IMG_1767969574105-1024x1024.jpg 1024w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/FB_IMG_1767969574105-150x150.jpg 150w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/FB_IMG_1767969574105-768x768.jpg 768w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/FB_IMG_1767969574105-80x80.jpg 80w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/FB_IMG_1767969574105-800x800.jpg 800w\" alt=\"\" width=\"1080\" height=\"1080\" \/>\u00a0<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-39245\" src=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/IMG_20260109_210926-scaled.jpg\" sizes=\"auto, (max-width: 936px) 100vw, 936px\" srcset=\"https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/IMG_20260109_210926-scaled.jpg 936w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/IMG_20260109_210926-110x300.jpg 110w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/IMG_20260109_210926-374x1024.jpg 374w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/IMG_20260109_210926-768x2101.jpg 768w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/IMG_20260109_210926-749x2048.jpg 749w, https:\/\/news.phuket-times.com\/wp-content\/uploads\/2026\/01\/IMG_20260109_210926-800x2189.jpg 800w\" alt=\"\" width=\"936\" height=\"2560\" \/><\/p>\n<div class=\"code-block code-block-6\">\n<div data-type=\"_mgwidget\" data-widget-id=\"1882003\" data-uid=\"1784a\">\n<div id=\"mgw1882003_1784a\">\n<div>\n<div class=\"mgbox\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<p><\/main><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Why Savings Matter in the Cost-of-Living Crisis A recent\u00a0Financial Conduct Authority (FCA) survey\u00a0revealed that\u00a010% of UK adults have no &#8230;<\/p>\n","protected":false},"author":1,"featured_media":21406,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"rank_math_title":"","rank_math_description":"","rank_math_focus_keyword":"","rank_math_keywords":"","footnotes":""},"class_list":["post-21654","page","type-page","status-publish","has-post-thumbnail","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/pages\/21654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21654"}],"version-history":[{"count":1,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/pages\/21654\/revisions"}],"predecessor-version":[{"id":21655,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/pages\/21654\/revisions\/21655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/media\/21406"}],"wp:attachment":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}