💨 Abstract

In the U.K., savings vary significantly by age group, with younger adults saving less on average. Those aged 18-24 have around £3,636 in savings, with 59.9% having less than £1,000. Savings increase slightly with age, reaching £3,748 for the 25-34 age group and £5,714 for those aged 35 and older.

Courtesy: Sophie-May Williams