SavingsWhat do you want from your savings?
How much do you need to save?
When do you need the money?
You might want to save a set amount by a target date, or save up for a specific thing like a special day out, or a new car. Your savings goal will help determine which account is best for you. If you have more than one goal, your could use different accounts for each one.
The easiest way to get your savings working for you is to set things up so that you automatically add a little bit each month to your savings. That way you won’t have to remember to make the payment and you won’t be tempted to skip a month.
Before you know it, you’ll have built up a solid chunk of savings for example, one way of saving tax efficiently is through a Cash ISA.