Households stash an average €44k as savers change habits

IRISH households have stashed away an average of almost €44,000 each but many are moving their cash to instant access accounts as concerns mount about their future finances.

According to figures from personal finance advisers, bonkers.ie, Irish people have €64.5 billion in savings accounts, which doesn’t include pensions, shares or investment products.

This works out at €43,851 per household, according to Simon Moynihan of bonkers.ie.