Minister for Public Expenditure and Minister for Finance will be unveiling Budget 2023 on Tuesday, September 27th- Budget update to follow. Minister for Public Expenditure and Minister for Finance will be unveiling Budget 2023 on Tuesday, September 27th- Budget update to follow. Minister for Public Expenditure and Minister for Finance will be unveiling Budget 2023 on Tuesday, September 27th- Budget update to follow.
Minister for Public Expenditure and Minister for Finance will be unveiling Budget 2023 on Tuesday, September 27th- Budget update to follow. Minister for Public Expenditure and Minister for Finance will be unveiling Budget 2023 on Tuesday, September 27th- Budget update to follow. Minister for Public Expenditure and Minister for Finance will be unveiling Budget 2023 on Tuesday, September 27th- Budget update to follow.

Households saved an extra €15bn in the last year*

Households have spent the last year saving more and paying down debt.

HOUSEHOLDS where people have been able to work from home are saving so much that a new record has been reached for funds in banks and credit unions. Households in this country saved an additional €15bn in the year to April in response to the coronavirus pandemic.

This took total household savings to a new record of €131bn, according to Central Bank data. In the month of April alone an extra €2.2bn was saved in banks and credit unions. Over the last year people deposited €14.9bn more than they withdrew. Most of the additional cash was put into current accounts, the Central Bank said.

Please review the full article below or download here.

Household-Saving-Article-SP-Irish-Indo

If we can help in any way, or you have any questions on other Savings & Investment opportunities and our Cash Alternative Investment Solutions

Seaspray Private trading as Seaspray Private is regulated by the Central Bank of Ireland. Registered in Ireland number 692221. Copyright 2022 Seaspray Private Ltd

Warning: Past performance is not a reliable guide to future performance. Warning: The value of your investments may go down as well as up. Warning: If you invest in these products you may lose some or all of the money you invest. Warning: These products may be affected by changes in currency exchange rates.

*Source: April 27 2021 02:30 AM, Charlie Weston , Independent.ie. See full article here

Subscribe to our Updates

  • Hidden