‘Nudge’ expert discusses the psychology behind government policy

The Covid-19 pandemic has influenced people’s approach to saving with over three quarters of UK adults (77%) opinion on savings changing.

1 in 5 (20%) say its highlighted that they spend money on unnecessary things, 18% says it’s highlighted that they had no buffer to fall back on in case of an emergency and 1 in 6 (16%) say it’s shown them that they can save if I put their mind to it.

With almost half (45%) of the nation wishing they had saved more in lockdown, ‘Nudge’ psychologist Richard Shotton chatted to Johnny about the simple techniques and tactics we can employ to help shift our perspectives and get better at saving money in the long-term: