10% of employees at NCA courses saved over €1,000

More than 10% of employees who attended the National Consumer Agency’s money-saving course in the past year saved over €1,000 within three months.

The NCA’s Money Skills for Life is a free, one-hour talk, designed to provide practical financial education to employees with the support of their employer. In the first year, 9,545 employees have attended talks in workplaces nationwide.

A recent survey of participants has revealed that, within three months of attending a Money Skills for Life talk, 11% of employees have reported saving €1,000 or more. A further 12% said they had saved between €500 and €1,000, while 42% stated they had saved between €100 and €500. Some 35% of those surveyed reported saving under €100.