Tag #Savings

Showing 1 to 12 of 91 results

dw.com
🌐 75% Global Worthiness
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Eurozone Cash Paradox: Rising Cash Despite Digital Payments

Despite the increasing use of digital payments in the Eurozone, the volume of physical cash in circulation reached €1.564 trillion in March 2025, a €300 billion increase since the start of the pandemic, raising concerns about potential illicit activities.

Progress

24% Bias Score

Reduced Inequality
thetimes.com
🌐 75% Global Worthiness
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Pension drawdown strategies: managing your retirement pot

This article analyzes different pension drawdown strategies, considering factors like initial pot size, withdrawal rates, investment growth, and market fluctuations, to determine their long-term sustainability.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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CD Rates Expected to Fall This Fall

Amid economic uncertainty and a potential Federal Reserve rate cut, experts predict a decline in CD interest rates from the current 4%-4.5% range by year-end, advising savers to consider strategies like CD ladders to manage risk.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Retirement Poverty: Regional Disparities and Solutions

New research reveals that 40% of UK adults face retirement poverty, with the northeast of England and Northern Ireland showing the highest risk (48%), due to insufficient pension savings to cover basic living costs of \£13,400 yearly for singles and \£21,600 for couples.

Progress

52% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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Tax Threshold Freeze Impacts Millions of British Savers

Millions of Britons will face higher tax bills on their savings this year because of frozen tax thresholds and rising interest rates, impacting 3.4 million people, up from 3.1 million five years ago; critics urge the Chancellor to address the effects of the tax-threshold freeze, known as 'fiscal dra...

Progress

48% Bias Score

Reduced Inequality
thetimes.com
🌐 85% Global Worthiness
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UK Tax Policies Increase Revenue but Dampen Investment

The UK government's tax policies, including the frozen Isa allowance, increased capital gains tax, and stamp duty on UK shares, have significantly increased tax revenue, projected to reach £76 billion annually by 2030, impacting investor returns and potentially hindering economic growth.

Progress

60% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 65% Global Worthiness
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€100,000 Investment Milestone: A Key to Wealth Building

Reaching €100,000 in savings marks a significant milestone for investors, enabling the power of compound interest and offering a financial safety net, according to multiple financial experts.

Progress

32% Bias Score

zeit.de
🌐 65% Global Worthiness
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German Financial Literacy: Low Awareness and Reliance on Family, Friends for Advice

A YouGov survey for Postbank reveals that 34.6% of 2,001 German adults rate their financial knowledge as poor or nonexistent, with over a quarter never seeking financial information; while many seek advice from family and friends, trust in online financial influencers remains low.

Progress

16% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spain's Financial Health Lags Despite High Bank Account Ownership

The World Bank's Global Findex 2025 reveals that while 79% of adults globally have formal accounts, Spain, despite near-universal account ownership (98% of those over 15) and high online banking usage (75%), struggles with financial health; only 19% of Spaniards exhibit high financial literacy, high...

Progress

32% Bias Score

Reduced Inequality
mk.ru
🌐 65% Global Worthiness
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High Travel Costs Prompt 80% of Russians to Forgo Vacations, Prioritize Savings

Rising travel costs in Russia and abroad, coupled with modest average salaries (99,000 rubles pre-tax in April 2025), lead 80% of Russians to prioritize saving their vacation pay instead of leisure travel; 33% save up to 100,000 rubles annually, and 29% save 100,000-200,000 rubles by skipping vacati...

Progress

56% Bias Score

No Poverty
elmundo.es
🌐 85% Global Worthiness
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Spain's Capital Market Underperformance and the Finance Europe Initiative

Spain's capital markets lag behind EU peers, with only 13% of household wealth invested in equities compared to 27% in Sweden. A new EU initiative, Finance Europe, risks hindering market growth due to its geographic investment restrictions. To mobilize savings, Spain should consider Sweden's ISK mod...

Progress

48% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Pension Gap Highlights Financial Insecurity

Nearly half of UK working-age adults lack private or workplace pensions, impacting low earners, women, and ethnic minorities disproportionately, due to immediate financial priorities, self-employment challenges, and varying cultural expectations.

Progress

32% Bias Score

No Poverty

Showing 1 to 12 of 91 results