News

People opt to pay off house rather than save

Thursday 8th of July 2004

More people have focused exclusively on paying off their house at the expense of investing in any other form for the future, according to a savings survey.

The number of people who identify paying off their house as a form of saving has increased 30% since November 2003 (from 36% to 47%). In comparison to May 2003 this is a 27% increase (37% to 47%).

The survey, co...

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