Making Money

Premium bonds vs. high-interest savings account? Ask Us Anything

Aug 26, 2024
Discover strategies for purchasing property for children and why some financial practices aren't widely encouraged. Delve into a comparative analysis of premium bonds versus high-interest savings accounts, weighing their risks, rewards, and tax implications. Learn about the unique lottery aspect of premium bonds and how they function as a government-backed investment option. Gain insights on why premium bonds may not be the best choice for savings, emphasizing the need for personal research and informed financial decisions.
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