Understand, Compare and Apply for Savings Accounts
icScotland
Most people work to earn money so that they can buy the things they both need and want. Saving and Investing is about making the money you have earned work as hard as possible for you, in a way that you feel comfortable and at ease with.
The question is:
Where do I put my money to generate the best return at a risk level with which I am happy?
Or in other words:
In which type of product(s) should I put my money?
With which provider(s) should I take out that product?
In answering this question you will need to decide when you may need to access your money, how much risk you are prepared to take, and what the aim is of your investment.
Quick Hints and Tips
Never assume your savings are being well looked after
Do not dismiss stock market backed investments without full consideration, as they have historically outperformed normal savings account over the medium to long term
The understand section is geared to help you decide which type of product is most suitable for you
There are a number of sections within the understand Savings & Investments section that we have included to guide you through the process:
A break down of some of the questions you will have to answer to choose the correct product for you
Sections describing the different products and tax options that are available to you
A section that lets you read through what a financial advisor
actually does
Click here to use our savings tool to find the best rates from over 1500 savings accounts listed. In some cases you will be able to invest online
Most people work to earn money so that they can buy the things they both need and want. Saving and Investing is about making the money you have earned work as hard as possible for you, in a way that you feel comfortable and at ease with.
