The amount of savings Britons need to make
them happy has risen sharply in the past two years, new research
suggests.
The rise has been put down to rising job
insecurity and uncertainty surrounding the economy.
Two years ago, 82 per cent of people were
happy with savings of £5,000 but according to research by investment company
Skandia, only 64 per cent today are comfortable with a nest egg of that
size.
It was confirmed last month that the UK had
returned to recession, following contraction in the economy in the final months
of 2011 and the first quarter of 2012.
Read more: http://www.thisismoney.co.uk/money/saving/article-2141171/Recession-hit-Britons-need-savings-make-happy.html#ixzz1upx606BT