Tag: Savings account
4 Simple Ways to Introduce Investing to Your Child
It’s never too early to start teaching your children the importance of investing. The earlier they learn, the better! Teaching kids about money can be tricky, but it’s worth it in the long run. Here are four simple ways to introduce investing to your child. Involve the Child in Financial Conversations Involve your child in […]
Do’s and Don’ts of Bank Savings Account
In this era of digital money and online banking, there is no person without a bank account. Well, there are a plenty of reasons why a bank account is important and one known reason is, it not only secures your money but also increases the amount you have in the account by a small rate […]
5 Tips When Choosing A Savings Account
Looking for a new way to save? Or maybe you’re just concerned that you’re not getting the best deal with your current bank or credit union. Here are five things to consider before opening, modifying or switching your savings account. 1: Interest The first thing you should consider about any account is how much and […]
5 Surefire Ways to Grow Your Savings Account in 2014
If you talk to just about any financial expert, when it comes to making responsible decisions about your money, one thing that they are definitely going to recommend is you that you have a savings account. Not only does it provide you with a sense of financial security but a savings account can come in […]
Saving Small To Sail Past The Big Hurdles Of Everyday Struggles
When every day is a new page in the fight for existence, you need to find suitable solutions. The most effective way is to make the small savings. These small amounts accumulate over time and in one or two years you can have a solid savings deposit to meet rainy day demands. There are several […]
High Street Banks: No Longer the Cheapest Borrowing Option?
Historically, if you wanted a loan, mortgage, savings account or credit card your first port of call would be your bank. This was mainly due to the fact that banks would offer the best rates, and because you already have a relationship with them this would generally pay in your favour. However, since the ‘credit […]
How to Open a Bank Account in the UK
When you want to open a bank account in the UK, you need to consider a few key issues. Think about what type of bank account you need, what you need to consider before you open such an account, and whether you want to switch accounts rather than open an account from scratch. Here’s a […]
Save Early to Reap the Benefits of Compound Interest
Let the benefits of compound interest settle. First, here is a little explanation. The compound interest works by calculating the total amount that you earn on your investment. So, when you invest £500 and earn an interest of £9, the compound interest would be on £509. It is the interest over the interest on investment. […]
7 Ways to Increase Your Savings
Getting your financial footing is never easy, but having savings can provide the security that will enable you to be in control of your money. These seven ways to increase your savings can give you the direction you need to meet your goals. Earn Interest If you have not already taken the steps to open […]
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