A recent report by Creditreport.co.uk shows that Britons splurge £57,434 each on snacks, which if invested in pension plans could double the amount. The statistics from the Credit report shows that the savings if invested in tax-free investment would rise from £22,000 to £41,000.
In a nutshell it is advisable to divert these unnecessary savings to potential savings for future. As per Jim Hodgkins, managing director Credit Expert:
Our research highlights that the little decisions we make everyday, such as whether to buy a coffee or a small treat, can soon add up. In the long term, they will make a real difference, one way or the other, to how quickly we own our homes or, how much we’ll have in retirement.
