Saving into bonds

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One of the more interesting consequences of the current economic crisis is that savers have become investors, according to some observers.
It’s an interesting point to raise, especially considering that many savings and current accounts remain fixed to the Bank of England base rate, with many current accounts providing 0% interest.
This means even traditionally strong savings [...]

Saving at fixed rate

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A large amount of places offering saving deals over the last few weeks have had a good deals to offer consumers, mainly due to the fact that the Bank of England slashed the based rate meaning banks could pass on their savings.
It is definitely worth shopping around for the deals on comparison sites and the [...]

To bother, or not to bother?

Story link: To bother, or not to bother?

 
The question is, is it really worth the effort to save anymore?
 
While I might be digging slightly to deep and detailed here, I’ll just carry on anyway. If you save £50,000 per year and travel to the bank say 10 times a year, you have probably spent the majority of your interest based earnings…is it [...]

Savers make no return

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With inflation at its current level and with interest rates so low, there is virtually no chance that the majority of savers will even make a return on their capital that is being stored in savings accounts.
Inflation has dropped recently, but that does not have a drastic affect for savers, due to the interest rates [...]

What do you know about ISA’s?

Story link: What do you know about ISA’s?

There are many rules and regulations regarding ISA’s, most are quite obvious, but some not so obvious. If you are a saver you need to take full advantage of ISA options so that you get the best return on your money, especially as the banks are not giving much interest in the first place!
What do [...]

Savers suffer as usual

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Lets be honest, what ever money finds its way into the financial system in the UK, will eventually be drawn back out again, with interest, at the cost of the tax payer.
Savers are the biggest victim in the whole scheme of things, as either way, good or bad, they always receive the worst deals and [...]

New Banking Act

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The new act that allows troubled banking sector organizations to be rescued has now been put into place (As of 21/2/09) which will hopefully create some stability within the banking sector, as well as some kind of safeguarding for investors and savers.
New Banking Act
The UK’s new Banking Act, which will allow authorities to intervene and [...]

Savers get younger

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Nowadays the younger generations are realizing more and more that they can’t simply rely on government support, or so called ‘safe pensions’ for the future.
 
By becoming independent and saving for the future, younger savers in the long term, will be putting the UK economy in a stronger position.
 
Savers get younger
 

Brits aged 18-34-years-old are saving a [...]

Save on food bills

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Save on food bills
 
Every time savings pops up in the headlines, we automatically assume that it is something to do with banks and how they are changing savings accounts for the worse.
 
Actually this time, this article is showing people that chopping back is not as hard as it needs to be, simply chopping a few [...]

Safe saving is good

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The way the economy is, you would think that the public did not actually have any money, but infact it is completely the opposite. Consumers are now choosing to save their spare cash for safe keeping in savings accounts, rather than spending it as soon as they get it.

Safe saving is good

British consumers are [...]