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3min chapter
How to Manage Your Money In the Cost of Living Crisis
Intelligence Squared
Should We Keep Our Money in Cash or Should We Invest It?
In November, you could get 5.05% on your cash for five years. The lowest possible charges in a tracker fund in the long term is the way to grow your money best. Make sure it's earning the best possible interest rate - just under 3%. Don't stick with your high street bank because they will pay you half that. Do not ever, ever go to social media and ask about investment. You will get cons, you will get false information,.You will get fake advice, and you will get rich quick schemes which may well be illegal and probably won't work anyway. It that is the general rule that is safest.
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