Tips for saving in a low interest economy.

Tips for saving in a low interest economy

As the interest rates are so low and by all accounts will only move up a small amount of any over the coming months ahead , it's hard to find places to make money on your money .

My advise would be to look at your personal circumstances and if you have any loans or high interest credit cards or even your mortgage and use your money you have earmarked for saving to pay off these .

Paying off off these high interest products although won't give you any added interest on your money but it will save you a lot over the term they have left.

This will ultimately make you money via saving and give you more money to invest or save in the future when interest rates are more favourable .

I hope this helps peeps 

 

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