Nation is in save, not spend, mode

clock

The 'mood to save' in February rose for the third year in a row, according to a survey from Legal & General.

The 'MoneyMood' survey of around 1,000 adults each month between September 2004 and February 2007 reveals 64% of adults in the UK were in the mood to save at the end of February 2007, compared to 56% in the same month in 2005 and 62% in 2006. It also suggests 24% of adults were in the mood to spend at the end of February 2007, compared to 32% in February 2005 and 28% in 2006. The percentage who say they have some money left over at the end of the month after paying bills and debts has held steady over three years at 58% in February 2007 and 2006 and 59% in 2005. Claire Stracey, cust...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read
PA Awards 2026: Photos from the night

PA Awards 2026: Photos from the night

Celebrating the advice profession's best

Professional Adviser
clock 20 March 2026 • 1 min read
Feel Good Friday: PA Awards attendees raise £15,000 for Go Beyond

Feel Good Friday: PA Awards attendees raise £15,000 for Go Beyond

Best amount ever raised

Professional Adviser
clock 20 March 2026 • 1 min read