Most would use spare cash to save or cut debts

SPENDING cash is not on the minds of consumers with half saying they would use extra money to pay off debts and a third saying they would save extra cash.

According to a survey, just 13% of people said they would spend any spare cash.

As more people think now is a good time to save the Nationwide UK (Ireland) savings index increased by three points in August, following on from a four-point increase in July.