UK Households Have More
Spare Cash in 2016

Although UK household income hasn’t increased much, the amount of spare cash in our pockets has increased by almost 25 per cent. That’s an extra £20 per week, according to recent research.

Now is a good time to take a look at your budget. If you have extra cash, it’s okay to treat yourself to something occasionally. Otherwise, consider paying it forward with these ideas:

  • Buy food to donate to a food bank.
  • Pay someone’s parking.
  • Buy a stranger coffee.
  • Sign up for a charity race.

Torn between spending and saving your extra cash? Try a bit of both:

Week 1 - Put it away for emergencies.

Week 2 - Save it for a future goal.

Week 3 - Pay toward life insurance to protect your family

Week 4 - Splurge on or save for something special.

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