The West Midlands is lagging behind the rest of the country in terms of savings, a new survey by National Savings and Investments has shown.
Despite an overall positive approach to putting cash aside, the region has the highest proportion of people expecting to put less aside this year.
In fact, 27 per cent of the population predict they will boost their accounts in 2006 compared with a national average of 19 per cent.
On the other hand, the West Midlands also has one of the highest proportions of people who expect to increase their savings - 39 per cent versus a national average of 37 per cent.
The two figures combined yield a Savings Outlook Index of plus-12 compared with a national figure of plus-18. Wales emerged as the most savings-conscious region with an index of plus-53.
Only the East Midlands and the South West have a worse attitude to savings the West Midlands.
The position has deteriorated since the second half of last year when 56 per cent of West Midlanders were regular savers, compared with 55 per cent nationally, and the percentage of monthly income saved reached 7.14 per cent, close to the national average of 7.16 per cent.
Savings levels are set to soar throughout Britain as a whole this year, NS&I said.
The expected increase coincides with a slowdown in the growth in consumer debt and reduced spending, suggesting that people are rethinking their finances. Those under 35 are the most determined to increase savings while over 55s are least likely to save.
NS&I savings strategist Dax Harkins said: "Our research indicates that people across Britain are more determined than ever to get a grip on their savings."