How to save money even when the budget is tight | EUROtoday

Firstly, the returns (or curiosity) being supplied on financial savings accounts has improved, though borrowing is dearer. For instance, you might discover an account paying 5% a yr, so £1,000 saved for a yr will earn £50 in curiosity. Save for plenty of years, and that lump sum retains constructing below what is generally known as compound curiosity.