SAVINGS have received a welcome boost following last month’s increase in Bank of England base rates, and a second one is expected before the end of the year, but savers must keep a watchful eye on their accounts to avoid being shortchanged.
Tag: Savings
Scotsman: Funding University Life By Buying A Student Flat Means Everybody Wins
TAX savings on buy-to-let property where a son or daughter shares ownership can help pay for higher education.
This Is Money: March Of The Fee-pay Machines
Four out of five cash machines installed since 1999 charges a fee to withdraw money, but Brits are rejecting them in their droves
Read the full article at ThisIsMoney.com
This Is Money: 30-second Guide To . . . The Britsaver
The Daily Mail City staff explain the potential benefits and pitfalls of the scheme designed to get everyone saving for a pension
Motley Fool: Rip-off Savings Rates Revealed!
According to the Bank of England, UK residents had over £580 billion on deposit at the end of June 2006. Shared equally among the UK’s 48 million adults, this comes to over £12,000 per head. Alas, much of this cash mountain is owned by just a few million wealthy individuals.
Motley Fool: Are We Deliberately Driven To Bankruptcy?
Oooh conspiracy! Is it possible that the government has a deliberate policy of encouraging people to spend more than they earn? The signs could certainly be explained in that way. They’ve allowed mortgage companies to gradually relax their lending criteria in all sorts of ways, they don’t force lenders to assess income before they provide unsecured loans or credit cards and, in 2004, they relaxed the bankruptcy laws so that people can wipe clean their debts and be discharged from bankruptcy in just three to twelve months. You could even argue that the government’s failure to educate people about saving, investing and the dangers of debt is all part of the master plan.
MoneyExpert: Premium Bonds Celebrates 50th Year With Multiple-million Giveaway
Premium Bond’s operator National Savings & Investment (NSI) has announced that it is to make ten people millionaires to celebrate its 50th birthday.
Motley Fool: Fine Times Are Here To Stay!
I’m delighted to see that the Financial Service Authority (FSA) is taking its role as financial watchdog and defender of the public seriously.
Motley Fool: Money Saving Podcasts
In our regular Money Talk podcasts, David Kuo and his guests discuss a wide variety of financial topics. Below we’ve listed the best money saving podcasts we’ve done in recent months. Click on the “Streaming version” links to listen to each podcast or right click on “Download” and use Save Target As to download a file for later use.
Scotsman: Children’s Bond Launched
Bradford & Bingley is launching a market-leading Children’s Savings Bond, enabling savers to invest their funds for a five-year period and benefit from a super guaranteed return.