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Young People save in the North East

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Saving for the future

Young people in the North East are saving more money than ever, research has found.

More than 70 percent of the region's 18 to 24 year-olds said that they make an effort to save cash each month.

Some 60 percent said that they are saving the same, or even more, than they were last year, with more than 40 percent saving in case of redundancy.

The results of the study, by website MagicFreebiesUK.co.uk, also showed that two thirds of young people in the region do not spend anything on a credit card each month.

Tom Bryant, founder of the site, said: "In the current climate the future is uncertain for much of Britain's youth, but the survey has proven that young people are taking the situation very seriously.


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  1. The promotion is open to residents of the UK aged 13 or over.
  2. To enter the competition you must be following MagicFreebiesUK on Twitter at the time of the prize draw. The Twitter handle to follow is @UKMagicFreebies
  3. There is 1 prize. The prize will be EITHER a £50 Boots Gift Card, £50 Amazon Gift Card, Cadbury Hamper or £50 Ticketmaster Gift Card. If the advertised prize is not available, we reserve the right to offer an alternative prize of equal or greater value.
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  6. The promotional period will run from 09:00 on 19/04/2013 to 23:59 on 26/04/2013. The Official Promotional Competition Tweet with the most Manual Retweets will be given away to one Retweeter. The prize draw will take place at 17:00 on 26/04/2013 and every participant that has Manually Retweeted the competition tweet will be entered into the draw. Participants must be following MagicFreebiesUK on Twitter at the time of the draw.
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  9. Entries that are deemed to have been submitted by using multiple Twitter accounts will be disqualified from entry.
  10. The winner may be required to participate in publicity related to this Promotion.
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  15. Promoter: MagicFreebiesUK, 28-30 High Street, Guildford, Surrey, GU13EL

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