Savers aiming to build up £5,000 pot in 2012
People are saving for holidays and home ownership more than anything else in 2012, and those who have set clear targets are already well on their way towards achieving their goal, according to the latest data from Lloyds TSB’s Money Manager.
Jatin Patel, director of current accounts for Lloyds TSB, added:
"Setting a savings goal can be a very effective way to ensure you regularly put money away to save for a specific item, whether it be a holiday, house, car, or to build a nest egg for a rainy day. We are seeing that customers who do this are reaping the rewards of regular saving and making significant progress towards their goals in a short space of time.
“Savings Goals is one of a number of smart features available with a Lloyds TSB current account aimed at helping customers make the most of their money.”