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High interest rates? Time to get saving

Money Clinic with Claer Barrett

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What Are Premium Bonds Good For?

The rates on premium bonds have gone up recently, but what are they good for? You don't get any interest at all, but you can win life-changing amounts of money. But there is a price to be paid for it - so keep saving anyway. Another use of cash could be paying some extra off your mortgage every month before a fixed rate expires.

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