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newsMar 19, 20261:34

Top Financial Advice: Emergency Funds & Early Investing

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A recent poll uncovers the best and worst financial advice British adults have received. Building an emergency fund tops the list, while putting purchases on a credit card without a payback plan is a common misstep. Many struggle with trust and overwhelm, but actress Natalie from EastEnders offers saving smart tips in a new campaign. The poll also highlights upcoming ISA changes and the new tax years impact on savings.

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Top Financial Advice: Emergency Funds & Early Investing

UK News Today | 2 Min News | The Daily News Now!

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Full transcript

UK News Today | 2 Min News | The Daily News Now!Top Financial Advice: Emergency Funds & Early Investing. Machine-transcribed; use the interactive transcript above to jump the player to any line.

On March 19th, a recent poll of 2000 British adults reveals the best financial advice they've gotten is to build an emergency fund with 29% ranking at highest. Nearly 1 in 5 or 19% also praise learning to live below their means while 14% valued starting to invest early. Bad advice stands out too, like 21% being told to just put purchases on a credit card without a payback plan. Meanwhile, 39% have gotten unwanted financial tips, often from odd spots such as pub strangers at 15%, social media, streams at 10% or even taxi drivers at 8%. Many struggle with trust, as 51% find it hard to know reliable guidance amid the noise, and 38% feel overwhelmed by all. The everyday tips, still, 37% see themselves as the most responsible saver in their family. To counter that, actress Natalie from EastEnders hopped into London taxis for real chats on

saving smart, inspired by the poll from Skipton Building, Society. The research also flags of coming 2027 ISA changes, dropping the cash limit to 12,000 pounds for under 65s, with many. Not maxing current 20,000 pound allowances, due to tight budgets. 61% feel confident about future saving, though rising costs block 72% of the less optimistic. As the new Taxier kicks off, Skipton's free taxi rides on April 7th, Om to free up cash for savings, stressing clear, trusted steps forward.

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