This is a Sponsored post written by me on behalf of ING Direct for SocialSpark. All opinions are 100% mine.
The contraction of the world economy at this time means that not only the common folk like ourselves are feeling the squeeze. Of course, more affluent people in their high societies aren't suffering as much as we are. They may have to go to one less ball each month or buy two fascinators instead of three. Nevertheless, lifestyles everywhere are changing. We need to sit up and take notice of our spending and saving habits.
Why think about Savings Accounts when we have less to spendExactly! Surely, if you have less money, you save less? Ironically, this is the perfect time to save. The financial stability we once enjoyed is now gone. In my high street a bank was recently replaced by a betting shop. The implications are clear. Not only is it prudent to set aside something small each month, but it's become necessary to do so because of our financial insecurity. Banks are very careful about lending us money, so we may suffer more, should anything happen to our earning potential.
ING Direct savings widget
I visited this site and looked at their savings plans. I was intrigued by their useful widget which gives UK householders the means to find out, on average, how much they're saving in selected areas. This is a huge bonus and a tool each household affluent or not, should definitely use.
The widget is below. Why not try out the 'My Comparison Table' and let me know in the comment box below, how much you could be saving.