Third of adults £750 better off as saving habits improve, research

Millennials also thinking more about money

Hannah Godfrey
clock • 2 min read

A third (31%) of adults are saving more than they were last year, while young people in particular are spending more time thinking about money, research has found.

A survey from RCI Bank found a third (31%) of adults are saving more per month now than they were last year, generating a total of about £750 in extra cash over the course of the year. The research, which sampled 2,000 adults, found a quarter (25%) of families were spending some extra 21 hours per year thinking and talking about money than they were six months ago, with one in ten (9%) spending at least two extra hours per week doing it. Those aged between 18 and 34 had almost doubled the time spent on their finances in the last six months, up from an average of 46 minutes to 1 hour 3...

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

'We persevere': Catalyst Partners on unwavering client commitment

'We persevere': Catalyst Partners on unwavering client commitment

‘When the pressure mounts up during a deal, it can get quite emotional’

Jenna Brown
clock 28 September 2026 • 10 min read
Deputy editor's view: Rocking out at the UK Platform Awards

Deputy editor's view: Rocking out at the UK Platform Awards

The deputy editor's Friday Night Takeaway from 24 September

Jenna Brown
clock 28 September 2026 • 2 min read
Most Britons feel financially unprepared for major life events

Most Britons feel financially unprepared for major life events

Research from Mattioli Woods

Sophia Panayi
clock 28 September 2026 • 2 min read