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More than 20 million Britons lack the funds to put money aside during the current economic downturn, AXA has claimed.

According to the insurer, this proportion of people have resorted to whittling away at their savings since the beginning of the year, while only the top 20 per cent of wage earners throughout the UK have been able to avoid spending beyond their means. The group insisted that new savings ratio statistics showed that the minimum income on which people can put money aside now stands at 70,000 pounds, equivalent to 52,785 pounds after tax and benefits.

Furthermore, it noted that in [ Read more ... ]

As a college student, the majority of your time is probably filled with trying to find a balance between maintaining good grades in your classes and spending time with your fiends. Therefore, you probably have little time left over to worry about working a job or saving up money to pay for your class bill for next semester.

Many college students are so busy each semester that they do not plan very far in advance, which can get them into trouble when it comes time to pay for their college tuition for the next semester. College can be very [ Read more ... ]