Savings values of a bygone age must be reclaimed

In light of the impending recession, extravagant spending must be curtailed and replaced with a financial prudence that we, as a nation, conveniently forgot about many years ago.

19th July, 2008

In light of the impending recession, extravagant spending must be curtailed and replaced with a financial prudence that we, as a nation, conveniently forgot about many years ago.

Do you remember the children’s post office savings book? Can you remember going down to the post office with fifty pence or a pound and lodging this fortune into your account? In the early 1980s,on our (suburban, three-bed semi) road, nearly every kid had one - there...

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