You are a money rock star and actually manage to include savings within your budget. Now what do you do with it?
In our TRS Money Savings section, all your options are gathered together in one place for you to peruse. After a brief explanatory introduction, the ‘Choosing a savings account’ segment gets you clued up on the different products available:
- Instant, easy access accounts
- Savings accounts
- Fixed term deposit accounts
- Index linked accounts
- Cash ISAs
There are variations between banks’ and building societies’ offerings and there are different accounts within each type.
You have worked hard to earn your money and we aim to equip you with all you need to make the right investment decision. That’s what it is, after all. You are depositing your savings into an account so that it can grow and you deserve to get the best value deal.
Things to consider contains five key points to think about when you are making your savings decision. It is in your best interest to absorb as much information as possible and make an unhurried decision.
Savings Calculator
This lovely little extra is from the Money Advice Service and enables you to work out the answer to one of two questions:
Know how much you want to save, but not sure how long it will take?
Know when you need your savings and want to see how much you need to save regularly?
It depends which way round you are approaching the purpose of your savings. Maybe you know how much your total needs to be and you want to know how long it will take to save that amount, based on your current situation. Or perhaps you have a deadline to reach a certain figure and so the calculator will work out how much you need to regularly put by.
It doesn’t really matter why you are saving, if it’s the emergency cushion or for a once in a lifetime holiday. We want you to have all the information you need, written in plain English, so that your decision about your savings is your own.
TRS Money
Once you have learned more about your savings Tax Rebate Services Money offers lot’s of other helpful information about the most important money related subjects. You’ll find a range of free calculators giving estimates on budgets, credit cards, mortgages, and loans. In addition their are specific guides for the self employed, parents and more.
