Experts give their advice on post-lockdown money management
How to save money post-lockdownby the Money and Pensions Service published in May found there has been a rise in the number of money savers, with the increased intention to save seen most dramatically in younger generations. But that could be about to change. “Spending increased sharply after the spring 2020 lockdown, and it is expected that spending will recover to some extent in 2021,” the report said.
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