Consumers are being encouraged to become more financially prudent in order to deal with the uncertainty surrounding the forthcoming general election.
It could be a good idea for the country's workers to build themselves a "nest egg", according to David Kuo, of Fool.co.uk.
"Those feeling more likely to lose their jobs should be the most prudent, in that they need to put away the most in order to be secure until the proper recovery comes," Mr Kuo, the financial website's director, commented.
The expert went on to suggest that the public sector could see cutbacks in the months after the UK election, with jobs likely to be shed in a number of areas.
While some people might look to get credit if they are affected by redundancy, ISA savings could also prove beneficial, with the tax benefits offered by such accounts recently highlighted by a variety of organisations, including moneysupermarket.com.
Posted by Martin Peacock.
