If you have cash, it's best to spread it around

Article Abstract:

It is important to have capital invested in a number of different ways to ensure maximum flexibility. A reasonably large amount can be kept in a postal account, as these offer higher rates of interest than ordinary bank or building society accounts. Some capital can also be invested in tax-efficient products such as Tessas and PEPs, although these will be subject to changes in 1999. A small amount can be kept in an instant-access account.

---

Gainful resolutions

Article Abstract:

There are a number of very effective ways to save money. It is worth considering switching to a mortgage that can be paid off in only 10 years, as this will bring large savings in interest payments. Consideration should also be given to finding more competitive premiums for home/contents and motor insurance. It is advisable to take time to find the best deal for savings accounts, although very few people make the effort to do so.

---

Ways to keep the taxman from the door

Article Abstract:

There are a number of tax-efficient ways of saving relatively large sums of money. It may be worth considering a 30-day notice postal account, and it could also be advisable to start a tax exempt special savings account. In these accounts, deposits held for a five-year term do not attract income tax. Savers should also look at National Savings, risk-free government products which can be obtained through the Post Office.

Similar abstracts:

• Abstracts: News Corp shares soar as markets digest MCI deal. Murdoch purues Italian television. The race to wire up the world
• Abstracts: Hong Kong 'elects' its post-colonial satrap, a shipping mogul once bailed out by Peking. In Coventry, in Hong Kong
• Abstracts: Zaire aid fails to reach lost and hungry. Zaire accuses Rwanda of supporting rebels. 15-mile river of refugees flees Zaire fighting
• Abstracts: How partners bring change. Schools close as councils rationalise. Clean bill of health
• Abstracts: Birmingham's first lady of art. Revising maritime history. Concert plans trouble Courtauld's peace

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.