More than 12million Britons could improve their financial situation over the long term by shifting money in cash or Isas to ...
"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 ...
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 ...
Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details).
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 ...
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 ...
The net household savings declined to Rs 17.12 lakh crore in 2021-22 and dipped further to a five-year low of Rs 14.16 lakh crore in 2022-23. The previous low of net household savings was Rs 13.05 ...
NEW DELHI: Net household savings declined sharply by Rs 9 lakh crore to Rs 14.16 lakh crore in three years to 2022-23, according to the latest National Account Statistics 2024 of the Ministry of ...
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 ...
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 ...
Our evaluations and opinions are not influenced by our advertising relationships, but we may earn a commission from our partners’ links. This content is created independently from TIME’s ...