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Article: Fears Over Growing Trend of Families Without Savings.
- Article from:
- PR Newswire Europe
- Article date:
- November 10, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NARBOROUGH, England, November 10 /PRNewswire/ --
- One in Four Parents (28 Per Cent) has no Savings or Investments
- 36 Percent of Parents Rely on Savings to pay Bills and Meet Basic Living Costs
Research from Abbey Savings has highlighted that over one in four (28 per cent) British parents with young children have no savings or investments to use in times of difficulty or to use as a nest egg for their children's future. Indeed a further 20 per cent of these parents have less than GBP1000 to fall back on. (1,2)
There is a growing concern for families, especially those with children of primary school age, who are contending with the ...