Are you more confident about your finances?
Ok, so, lockdown means we have to behave. No eating out, no packcakes for breakfast, no cross country train journeys to see friends. Yes, it is a little bit tiresome as we go into summer. But health comes first and isolation has many benefits.
One you may not have considered is what is means for your finances. You could be saving up to £500 per month, according to a new survey that found 2% of Brits are feeling positive about life after the pandemic.
Creditfix.co.uk found that despite the current situation, 72% of Brits they polled (more than 2,000) said that they were feeling positive about life after the pandemic.
Despite so much uncertainty about the future of the economy beyond Covid-19, 71% of Brits say they are feeling confident in their job security with 65% claiming they are not worried about their long-term finances as a result of the pandemic.
The survey also revealed that as many as 59% of Brits have actually managed to save money during the lockdown as a result of spending more time indoors and spending less on non-essentials.
Infact, the average British adult claims to have saved £495 per month, due to the current social interaction restrictions.
Taylor Flynn, head of marketing at Creditfix, said: “This is an unprecedented time and one which nobody saw coming, but it’s great to see people staying positive and looking forward to the future after lockdown.
“For many, the closure of popular social destinations including restaurants, cinemas, and festivals means that despite the saddening consequences of this awful virus, there is some positivity to be found – as those who are still able to work (or receive financial assistance) are actually able to save money during this period.
“This is the opportune time for those in a habit of overspending and recovering from debt to sit down, look at their finances and get themselves back on track. It seems clear that using some of the money saved in lockdown to ease the financial strain and pay off existing debt, many individuals will feel happier and more positive in the longer term.”
With over 70 years’ experience between their insolvency practitioners in the financial industry, Creditfix has successfully helped over 141,000 people with their debt over the years which has led to them becoming one of the most experienced in the market. Creditfix Limited is one of the largest personal insolvency practices in the UK, servicing Scotland, England, Wales and Norther Ireland.
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