Although the Deputy Governor of the Bank of England urges people to start spending their money, financial advisers recommend saving for the future. The first advice seems a bit irresponsible in the current economic situation since a lot of people are faced with possible job loss and pension underfunding. Depending on the struggling social security in exchange for boosting the economy isn’t very wise as well. That is why everyone should secure their financial future by creating their own safety net.
Liselotte Van Vooren
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