Amazed? Yes even the UK knows how to save, except for the fact that it seldom uses the savings strategies it has devised on its own. Anne Young, savings expert from Scottish Widows says:

Our research shows that people do have some very good tips on good savings habits, but few are actually putting these tips into practice regularly.
However we shall see their savings strategy not how much has been put to use. The savings tips involves improving the quality and not the quantity of the savings, saying ‘no’ to credit cards and borrowings, saving for emergencies or specific purchases, choosing the best interest rate, not to spend unnecessarily and above all taking care of small finances