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All news on the topic: Savings

1214
Expert's tax warning for parents saving money for their children
A new study has revealed UK parents could be saving more for their children than for the entire household, but there is a tax predicament to be mindful of
1194
'I saved £50k by the time I was 25 while working a 9-5 job'
Kennie Bukky has shared how she managed to save £50k and buy properties by the time she was 25 years old
801
Man shares how he boosted his retirement funds by £130k - and how you could too
It is believed that there are around three million pension pots worth £26.6billion that are classed as "lost" or "forgotten" in the UK and going forward, pension experts warn that this figure could rise even further
368
Major UK banks offering free cash for switching accounts
A number of high street banks are handing out up to £175 alongside other perks and benefits just for switching accounts and only a few steps must be followed in order to receive all the bonuses on offer
446
'I paid for my holiday by only using interest I made on my savings'
Vanessa Thompson funded her summer holiday to Crete using a simple tip - and she's shared just how to do it
1350
Four things you should do with your money when starting a new job
A personal finance expert has shared her top tips for organising your finances when starting your career
1124
Pension warning as 'hidden costs' could be cutting savings by around £37,000
Research from the digital wealth manager, Moneyfarm, found that around one in two Brits were not aware of the annual fees they were paying on their savings to their pension provider
1157
Kids get richer as parents increase pocket money levels in 2024
Children are richer than ever thanks to the cost of living crisis
1473
I saved £3k in 6 months with one important rule
As a self-confessed online shopping addict, I tried the 'no-spend' challenge for six months. Here's how I got on...
818
Phone expert shares how to get £300 off flagship Samsung model
The nifty shopping tip takes the flagship Galaxy S24 to £440, opposed to its near £800 usual price
855
Martin Lewis warning as one million bank customers could be moved next year
Sainsbury's Bank is selling the bulk of its banking business, including its credit cards, loans and savings accounts, to high street giant NatWest - here is what it means for you
1077
Atom bank slams major banks 'indifferent' service as it posts record profits 
The app-based bank has introduced a four-day working week for its 500 employees, without altering their salaries. The firm stated this change resulted in an increase in job applications
1003
Warning after more than 185,000 Brits fined for withdrawing their own cash
According to official data, just 12% of LISA savers have successfully used their account to buy a home since its launch and nearly nine out of 10 have been fined for making an unauthorised withdrawal or haven’t used their savings
897
Millions of Nationwide customers to get £100 bonus payment from today
The money is being paid out to almost 3.9million customers as part of the Nationwide Fairer Share scheme - but you need to have a qualifying current account, plus a mortgage or savings account
1110
'I became multi-millionaire in less than 3 years – now I want to turn back time'
From the outside, a multi-millionaire may seem like they've got it all, but behind the façade they're constantly questioning the new lifestyle they've built for themselves
412
Banking app launches secure holiday mode to protect tourists from pickpockets
Revolut's banking app has launched a new feature to help protect its customers from pickpockets who steal phones and try to access savings accounts to steal money
687
'My Anti-Girl Math routine has saved me £9,000 in one year - here's what you do'
Even though she is based in north London and has to pay off her student loan, Ivie, 24, managed to put away £9,000 last year by implementing certain routines into her life and finances
1283
Premium Bond June 2024 results - how to check if you've won £1million
Premium Bonds are a savings product by National Savings & Investment (NS&I) but instead of earning a guaranteed rate of interest, you're entered into a monthly prize draw
476
Monzo posts first annual profit since launching as it prepares for US launch
Customer deposits soared by 88% to £11.2 billion, with Monzo rolling out more features including cash and stocks and shares ISAs
857
Millions warned of 'ticking timebomb' as they could lose up to £6,000 in savings
Brits across the country are being urged to check their National Insurance records to make sure they have enough contributions to get a full state pension when they retire
385
Martin Lewis urges millions of Brits to ditch savings accounts now
Over the last few months, the Money Saving Expert (MSE) website founder Martin Lewis has urged people to take advantage of the higher savings as they could soon start to drop
495
10 ways the General Election result could affect your money from tax to wages
The cost of living crisis has ravaged Brits across the country for the last two years and in this election, policies on money could sway voters. But what policies have been put forward by the two main parties so far? - and could they affect you?
473
Savers warned over £253billion sitting in accounts paying no interest
The good news is, you can still find savings accounts that pay above the rate of inflation, which currently sits at 3.2% - but millions of people are leaving their money to languish
583
Brits are prioritising social media over personal finances
A study of 2,000 adults found they typically devote just 24 minutes a week to reviewing their expenses, budgeting, and planning their future finances - but 48 minutes scrolling through social media platforms
899
Bank of England pauses interest rates at 5.25% - how it affects your money
This marks the sixth time in a row where the Bank of England has decided not to increase borrowing costs - however, the base rate still remains at its highest level in 16 years