Piggy bank
Media playback is unsupported on your device
Video

Home finances 'fell for 40% of households in August'

Family finances are worse than during the 2009 recession, according to research from Markit.

The financial information services company reported a rise in debt levels and a fall in savings and income for many households.

Just under 6% of families reported an improvement in their financial situation.

So, BBC Breakfast sent the savings piggy out and about, to ask for people's money-saving tips.

  • 22 Aug 2011
Go to next video: Tips on keeping energy bills down