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Change One Thing by Sue Hadfield (view source)
Revision as of 17:55, 30 December 2013
, 17:55, 30 December 2013no edit summary
''According to a survey of 5,000 people by Scottish Widows, one in three in the UK has not saved a penny and a further third said they had less than £1000 in savings. But a survey by Halifax bank, of people who saved, showed that women saved 41% of their annual salary (despite earning less), while men saved 23%: an average of £7,699 for man and £8,211 for women.''
Please - ''think'' about it. We have an average woman who earns just over £20,000 a year. Out of that she'll be paying tax and National Insurance but she still manages to save more than £8,000 of what remains. And this isn't just one miracle worker - but an ''average'' woman. I know that it's not an academic text but some source notes would have been helpful as it would have saved me from having to go on a voyage of discovery to find the [http://www.lloydsbankinggroup.com/media/pdfs/halifax/2013/2202_HalifaxSavingsBarometer.pdf press release] which gave details of the survey. We're told that '' [f]emale savers with Halifax have an average balance equivalent to 41% of their average annual gross earnings'' which is, of course, rather different. You might think that I'm nitpicking but I then stopped taking what was said as being correct and that's not a good basis on which to read a non-fiction book.
It is a pity as I think Hadfield genuinely has something important to say. I'd just like it to be said with more care. I'd like to thank the publishers for sending a copy to the Bookbag.