How To Make The Most Of Your Savings
| Money : Saving Many people leave money in a current account for far too long. As a rule you should aim never to have more than a thousand pounds in one, yet many people have thousands or even tens of thousands in one. Don't. Instead, shop around for a high interest savings account. If you still need instant access to your money, you can get around 30 times the interest of the average current account. This means that your money is accumulating rather than just sitting still. If you can afford to lock your money away, then look at bonds or savings accounts that have higher interest rates, but where you have to lock your money away for a certain period of time.
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