Aviva urges consumers to overcome bad financial habits affecting everyday spending
Aviva suggested making a simple monthly plan, setting aside amounts for savings and discretionary spending, and reviewing it regularly.
Aviva has marked World Savings Day by urging consumers to tackle bad financial habits that can hurt their future.
Research found there were 3.3 million lost pension pots in the UK, with a total value of £31.1bn.
Aviva highlighted the risk of unexpected expenses, such as unused gym memberships, auto-renewing subscriptions and daily coffees, which can all add up fast.
The company advised a monthly audit of expenses and cancelling unused services.
Impulse buying, especially online, was flagged as another problem.
Aviva recommended a 24-hour rule before buying anything non-essential and using price comparison tools.
Additionally, Aviva suggested making a simple monthly plan, setting aside amounts for savings and discretionary spending, and reviewing it regularly.
Aviva also warned against delaying saving, saying starting now is important.
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