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People 'could save more'

Published: 5 January 2009 in Debt Consolidation

As costs in the new year ease, Britons may find themselves in a position that allows them to save more, according to one sector commentator.

A spokesperson for National Savings and Investments (NS&I) said inflationary pressure would ease off on utility bills, petrol and food, which are all starting to show reduced increases and in some cases even fiscal falls.

This meant that people would be left with a greater disposable income to save, but this could only be achieved if they got themselves in the right mindset, the representative added.

"There are very few people in a position where they don't need to put some savings away to put them in a better position. I think don't get complacent and continue with the good habits," they added.

According to the latest statistics released by NS&I, 47 per cent of the population manages to save regularly, which remained consistent for the third quarter of 2008.

Debt Consolidation:- JST Financial, Debt Consolidation, Debt Management and Consolidation Loan Specialists

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