Just like you need petrol to run a car, money provides you with the means to live your life.
Big purchases, holidays, a wedding, emergency reserves to dip into if out of work … tucking some spare cash aside regularly makes good money sense.Shopping around to save
The first question you should ask yourself is; how quickly do you need access to the money? Would you be prepared to forgo instant access for a higher rate of interest? Talking to an independent financial adviser will help you:- decide which saving facilities and features are relevant to you
- pinpoint what you are saving for and how much you’ll need to set aside to reach that goal
- compare the cost of any debts you have accumulated against the interest you are likely earn in savings
- source the most tax efficient savings account