Compare Credit Cards with CardSmart

Home » Credit Card News » Spending Money » 'Not saving' is Britons' biggest financial regret of 2011

'Not saving' is Britons' biggest financial regret of 2011

Survey shows Brits were also concerned that they didn't pay off enough debt in 2011

More from Spending Money
5 January 2012

'Not saving' is Britons' biggest financial regret of 2011”

Bookmarks

Britons have revealed that failing to save enough was their biggest financial regret of 2011.

Over half (52 per cent) of UK adults responding to a survey from First Direct claimed that 'not saving enough' was their main financial regret last year, while a third said not paying off their debt was their biggest financial woe.

Other concerns included failure to pay enough into their pension and staying in rented property rather than buying a house.

Overall, 48 per cent of UK consumers were dissatisfied with their finances in 2011 compared to 36 per cent in 2010.

Bruno Genovese, head of savings at First Direct, urged Brits to plan their long term spending to help pay off their debts more quickly and increase their disposable income.

He said: "January is the perfect time to get your finances in order and start 2012 as you mean to go on. The earlier people start to plan their finances and look to the future, the better their long term financial position will be."

Posted by Jack Ramsey

Written by ©

Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
Compare More Credit Cards...

The content and information on this website are intended as general information only and shall not be construed as financial advice or recommendations of any nature in accordance with the Financial Services and Markets Act 2000 nor is it intended to address specific financial requirements. Read more... We strongly recommend that you seek independent financial advice before using and/or relying on the information made available to you or prior to purchasing any financial product/service listed on the Website. Whilst every attempt has been made to ensure that the content and information published are true, correct and up to date, no warranty, guarantee or representation is given as to its accuracy, reliability or fitness for a specific purpose.

The Best Buy credit card comparison tables feature financial products/services of our advertisers and may not necessarily constitute the best offers in the market for each of such products/services.