Read This Almost a third of Brits find rainy day funds outdated By Richard Jenkins Comment Published 6th Nov 2024, 10:40 GMT Nearly a third of Brits (29 per cent) feel a ‘rainy day fund’ is outdated and would rather save for specific things to look forward to. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to The News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues.
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. This site is protected by reCAPTCHA and the Google Privacy Notice and Terms of Service apply. A poll of 2,000 adults found 36 per cent adopt a "you can't take it with you" approach, preferring to spend their cash while they can, rather than putting it aside for emergencies.
Advertisement Hide Ad Advertisement Hide Ad And 34 per cent have a plan in place for how to spend their savings on a big-ticket item, with 67 per cent finding it rewarding to spend what they’ve saved. While 42 per cent feel they work hard for their money and enjoy putting it towards something they really want, financial advisor and content creator Mr MoneyJar references this to be ‘saving for a sunny day’. More than one in 10 (11 per cent) are planning to put their cash towards a memorable experience like a festival, concert or spa day.
Advertisement Hide Ad Advertisement Hide Ad Sean Morley, head.