Knowledge is power when it comes to saving those pennies [Infographic]

With living costs on the rise and the economy still in recovery, putting a few pounds away every month can be tough and most of us need all the help we can get when it comes to saving our hard earned cash.

Like many things in life, keeping a close eye on your incomings and outgoings can make a huge difference in your ability to save, as can having a clear idea of what it is you’re saving for.

To help Brits across the country get a handle on their savings, MYJAR have created a handy infographic that illustrates exactly what it is we’re all saving for and how we can make our finances stretch that little bit further in order to achieve our goals.

So are you one of the 36% of Brits saving hard for a holiday or perhaps one of 52% who could benefit from seeing a financial advisor? Have a look at the infographic to get an in depth look at the UK’s saving habits.

Infographic

If you do find that you don’t have much cash left over at the end of the month, check out the short term loans from MYJAR, known for their responsible approach to lending. As long as you are sure that you can repay your loan on time, it might be just the help you need to bridge the gap.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.

This infographic was sponsored by MYJAR

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