According to new report from financial protection company AXA, more than half of UK residents are continually saving money. Saran Allot-Davey, resident independent financial adviser for the company's subsidiary AXA Avenue, states that the purpose of getting financial security is being achieved. Since people are saving arbitrarily, they are not completely out of debt disaster. According to AXA Avenue, most of the UK adults are accumulating money to the extent of £ 2 billion, but they are just ignoring the £ 57 billion debts that they have borrowed through unsecured loans. it seems that the chemistry between debt and saving is not working properly.

The report also emphasise consumers laid back attitude of 'borrow-now-pay-later'. Instead of paying back loans to their respective lender, they continue saving money for the rainy days. In case of default, they have to pay penalties and in such case, saving money on regular basis and not paying off their installments is a bit odd.