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Business Insider UKHot investing app Acorns just snagged Airbnb to give its customers 'free money'Business Insider UK"Found Money" works much like a credit card reward system, but instead of cash back, users get money put directly into their Acorns investment account. The program launched a beta in May, and Acorns' chief commercial officer Manning Field says all its ...and more » of drivers needlessly paying £73 extra for car insurance – and the number's going“If you simply can't find the money upfront, one option is to put your insurance premium on a credit card that doesn't charge interest on purchases, and pay off the balance within 12 months,” Pratt said. “That timing is important – you should aim to ...Moneysupermarket finds insurance companies make £1.5bn from drivers who pay monthlyDaily Mailall 4 news articles »'I'm a first time buyer with 7pc deposit. How can I get a mortgage?' have an excellent credit score but am perplexed by the offers available on the mortgage market. The property value I have in mind is £120,000 to £130,000 and I have a deposit of about £8,000 (6.4pc). investors shun property funds to buy is a reverse of the trend that saw the amount of money in property funds swell from £13 billion to £28 billion over the past decade. But far from shunning the asset class altogether, many investors are bypassing generalist property funds to invest ... of the wallet in sight? Britons turn their backs on cash and carry an average of less than a than they did two years ago, the study by Mastercard found. A typical Briton now has less than £5 in cash on them and one in 10 people have given up carrying a wallet or purse altogether, preferring simply to keep a credit or debit card in their ...Is cash disappearing altogether from our pockets?Bristol Postall 5 news articles »
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To Save or To Clear the Debts?

You may have noticed that your savings aren’t doing a lot to pay their way these days. Pensioners are badly hit as many of them use the interest from their life savings to pad out the weekly amount they get from the state. Many mortgage payers are happy as their payments have come down, but just about everyone else with savings is in the situation where the real value of their money is falling because interest payments aren’t as high as inflation.

 The average rate for UK instant access accounts including current accounts was around 0.17% at the end of February and we’ve had another cut in the Bank base rate of half a percent since then. Despite that, with credit hard for many people to come by; credit limits being cut by the card companies and worries about job losses, if you can, it’s best to have some savings on hand for an emergency. And the latest figures show that people are saving more. There’s nearly £1,000 billion of savings in our banks and building societies and another £90 billion in National Savings.  

In terms of interest you may as well keep your money under the bed – but then that’s probably the first place a cash strapped burglar is going to look. Fixed rate bonds pay slightly higher rates than instant access accounts. National Savings and Investments products are increasingly popular because people want to know their money is safe whatever the interest rates and they have a 100% government deposit guarantee. It’s never been more important to shop around and don’t be slow to move your money to higher interest rate paying accounts. Keep a close check on any accounts you do have to see what interest you are being paid. The financial pages of the newspapers are good for advice on which accounts are paying the best rates but these change frequently. 

Once you’ve got your emergency fund in place if there’s any money left over think about clearing expensive debts. There’s no point in having a lot of money sitting in an account getting 2.5% interest if you’re paying off loans or credit card accounts at interest rates in the high teens and 20’s. Homeowners are paying off their mortgages too. Some who’ve seen their monthly payments fall are continuing to pay at the old rate so that they clear their mortgages more quickly.

If you have a lot of savings think about getting some financial advice. Your money may not be doing as well for you as it could and a good Independent Financial Adviser can be worth his or her weight in gold. Visit more than one and choose the advice you feel happiest with. Family, friends and colleagues may be able to recommend advisers they’ve used and found helpful.

If you’re lucky enough to have money to put aside it’s time to take stock and nurture it so that it can nurture you back in the future.

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