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Britons stash over £1bn at home as interest rates on savings dwindle

The most popular reasons the 2,000 people surveyed gave for keeping cash at home include being able to s ee it, using it for everyday spending, and convenience.  Many are unhappy with the interest they were making on other savings and a whopping 17 per cent said their savings were generating no interest at all.

Piggy banks are a great starting point for children learning the basics of saving money, but there is a clear opportunity for adults to gather their stockpiles together and make their money work harder for them.  Whether it is under the mattress, in a bottle, or in a sock drawer, that money could be contributing towards your savings goals.

With interest rates so poor people just do not know where to turn to invest their hard earned cash and give them some sort of genuine return.  This is where I can help!  If you wish to see your money begin to give you an income of 5% per annum, I have a robust genuine safe investment available from a highly reputable multinational insurance organisation that will give you that.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

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Tax Deadlines for Portugal: Non-Habitual Resident (NHR) & More

As we approach tax season, it’s crucial to stay on top of upcoming tax deadlines, especially if you’re considering taking advantage of Portugal’s Non-Habitual Resident (NHR) tax regime. The deadline for NHR applications for the 2024 tax year is fast approaching on March 15, 2025. If you’re planning to apply, it’s essential to start the […]

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Expats – help beat the homesickness bug

Woman standing on a bridgeRelocating to a new place can be an exciting time. Experiencing different environments is usually a good thing, and moving abroad can open up many opportunities, such as the chance to learn a new language and experience a different culture first hand. Whether you’ve relocated in retirement, because of work, or to be with a partner, the expat life can certainly be a fascinating one.

However, once you have your accommodation and finances sorted out, the absence of friends, family and UK home comforts can begin to take its toll. Homesickness can be hard to shake.

If, as an expat, you are feeling low, there are several things you can do to help make yourself feel at home no matter where in the world you find yourself.

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