People just aren't saving any more:
One in four people fails to save any money at all and most who do use the cash for a holiday, a study suggests.
The Post Office research indicated that a third of people did save, but not on a monthly basis...
Office for National Statistics figures released in June showed Britons were saving proportionately less of their income than at any time for 50 years. (BBC) Well, why bother when credit is so easily available for anything you want and if you have saved for your retirement, you have to use it all to pay for something that the government just gives those who just spend it all!