Hold On!

Hold Up

Please select a minimum of three sectors in the menu above.

Got It
  • Young Britons are saving together without banks
  • Young Britons are saving together without banks
    Eye for Ebony (2020) ©
SIGNAL

Young Britons are saving together without banks

Faced with a looming recession, some young Britons are experimenting with Caribbean-style pardner schemes – saving money with friends, rather than through traditional financial institutions. The collective saving schemes help participants hold each other to their savings goals.

Canvas8

Related

  • Anxious French Yers and Zers seek better ways to save Anxious French Yers and Zers seek better ways to save

    Just over six in ten 18- to 35-year-olds in France are anxious about not being able to finance their life goals. Although they want to save, current banking options aren’t offering the investment options they desire, creating space for brands to empower them with seamless money management tools.

  • Britons dip into savings to avoid COVID-19 instability Britons dip into savings to avoid COVID-19 instability

    Amid lay-offs, furloughs, and a looming recession, the economic scars of COVID-19 are palpable. As a result, Britons are feeling the pressure, and they’re dipping into their savings to cover costs. Brands that can help people feel more secure are likely to win favour in this context.

  • Article image How are Gen Zers managing their money?

    Today’s teens and young adults are set to become the world’s most influential consumers within a decade, but how has growing up in the aftermath of a financial crash affected the way Gen Zers spend and save their money? What can help these digital natives improve their financial know-how?

  • Article image Sharing is caring! The science of public commitment

    With 42% of Americans saying they fail to commit to their New Year’s resolution every year, how can people make their goals more attainable? Canvas8 spoke to Tonya Bradford, assistant professor at the University of California, Irvine, to find out why sharing your goals online increases your chances.