Utility bills

What Do Your Savings Go On?

Super Saver Oil

The survey of 1,067 UK adults conducted by heating oil supplier, Super Saver Oil has revealed that Brits have on average £6,360 in their savings account.

But, rather than saving for a practical item or a rainy day, this was most likely to be spent on a summer holiday (41%).

Meanwhile, 37% of Brits revealed that they spend their savings on getting a new car, with 33% putting their money towards purchasing a house.

30% said they intend to put their savings towards a wedding, which can often be a substantial cost.