Money Minder UK

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Shrinking safety nets

In Brief: Shrinking safety nets

Thursday, 22 December 2022

More people set to dip into emergency funds

Having money set aside can help to provide protection against any abrupt financial changes. A new report has identified one in four working households with savings (28%) have started dipping into them to meet rising living costs[1]. A further 30% anticipate they will need to do so in the next year

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