Teenagers save the most, says A&L

Young people in their late teens save more of their earnings each month than their older counterparts, suggests research from savings provider Alliance & Leicester. Even though young people in their late teens and early 20s are likely to earn much less, they expect to save around £189 of their monthly disposable income this month, says the A&L Wealth Tracker Index. Research is based on interviews with 2,000 individuals assessing their monthly disposable income, how much they save, spend, invest or supplement by borrowing. Findings also show that men continue to lead the battle...