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Where is a safe place to put my funds that will give a reasonable return?
Lending money is regarded as the safest way to invest. It’s safer than buying shares because the price of shares move around, aka 'are volatile', which means the value of your investment changes.…
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I’ve got £3,000 and want to save it for 2 years. Where shall I put my money?
It’s great that you know how long you want to lock this money away for. You can take advantage of fixed-term saving accounts that offer higher interest payments than an easy-access account. Here's a…
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I’ve got £3,000 and want to save it for 2 years. Where shall I put my money?
It’s great that you know how long you want to lock this money away for. You can take advantage of fixed-term saving accounts that offer higher interest payments than an easy-access account. Here's a…
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How to start a personal budget that works for me?
This can be done in 4 simple steps: 1. Write down all your necessary monthly expenses, think: rent/mortage, home bills, commute to work, nursery school fees … And, add these up. 2. Subtract the total…
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Do I have to pay tax on any interest I earn?
The government consider interest as a form of income and they will tax you in the same way as your salary BUT everyone has a personal saving allowance (PSA) which means we can…
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What is a Cash ISA?
A Cash ISA is a type of savings account where you can place your cash and pay no tax on the interest you earn. FYI, Help-to-Buy ISAs are also a type of Cash ISA. Side…
