More than 12million Britons could improve their financial situation over the long term by shifting money in cash or Isas to ...
India’s households’ net financial savings plunged to a five-year low of Rs 14.2 trillion in FY23, sharply down from Rs 17.1 trillion in FY22, primarily owing to a sharp rise in short-term ...
Media has been reporting on the decline in net financial assets of Indian households! It does not end there – this decline has also been interpreted as an indication of households’ financial ...
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An emergency fund is a financial lifeline that allows you to cover unplanned expenses without going into debt. It is especially important tool in times of high interest rates, since you can earn a ...
American financial experts have been preaching the importance of savings before there was an America. “If you would be wealthy, think of saving, as well as of getting,” wrote Benjamin Franklin ...
Inflation fell to 2.3 per cent in the 12 months to April. The gap between the best savings rates and the rate of inflation has been narrowed since October 2023 which is good news for savers as ine ...
"Net financial savings almost halved from 10% in FY11 to 5.4% of GDP in FY23." (Image: Freepik) India’s households’ net financial savings plunged to a five-year low of Rs 14.2 trillion in FY23 ...
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New Delhi: There has been a significant fall in net financial savings of households by over Rs 9 lakh crore between 2020-21 and 2022-23, latest data released by the ministry of statistics and ...