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Evening Standard
Evening Standard
Vicky Shaw

Many people ‘stuck in financial habits’ as experts suggest ways to boost budgets

One in seven people find it tricky to understand how switching deals could help them in the long term, according to savings app Spring (picture posed by model/Dominic Lipinski/PA) - (PA Archive)

Many people are stuck in a financial rut which could be holding them back from getting better deals, research suggests.

More than half (51%) of people surveyed said they stick with their current financial habits or savings plans, even though there may be more suitable alternatives. But only 38% said they are satisfied with their current habits.

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