Saving for your future is important, but with so many product and providers, how do you find the best savings solutions for you? There are many factors to consider when making your decisions - here we provide some suggestions to help you decide.
There are many reasons to save - for a big purchase, for a rainy day fund, for your future security. Whatever your plans for the future, it will help to set clear targets and timescales.
Savings accounts are most effective when you pay in regular amounts over the medium to long-term. But even if you have a clear savings goal, you may find that your plans change, so having a savings product that allows you access to your money can be helpful. However, you may find that this type of product does not offer you the growth you need. Thankfully, there are a number of options available to suit your particular circumstances: