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How can I best save my money?

Question asked by: knowitall

It is hard to say how best to save your money as it will depend on you, your money and your personal circumstances.

However as a general rule if you want access to your savings without too much hassle then choose an open access savings account.

Those that are telephone or internet access only tend to have the best rates as they keep the costs lowest for the providers.

Shop around and look in financial comparison tables for a combination of the best interest rate and the least access conditions.

Remember it's always a good idea to chat to a financial adviser before making any actual decisions in your specific case!

By: Unknown
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Comments and other answers:

This depends greatly on what you're saving for. Saving for a vacation is different than saving for retirement. Only if you know exactly what you're saving for, you can make a wise decision.
By: pattinvest

Date of comment: Thu, Mar 7th 2013

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