How We Saved £45,000 in 3 Years | 9 money-saving tips

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  • Опубликовано: 13 сен 2024

Комментарии • 4

  • @tundedavid3785
    @tundedavid3785 Месяц назад +1

    Thank you, one of video helped I and my wife to open HL LISA. Which high yield savings account can you recommend

    • @pathwayuk
      @pathwayuk  Месяц назад +2

      I'm glad one of my videos helped you open your HL LISA. Here are some of the best high-yield savings accounts currently available in the UK:
      First Direct Regular Saver: With its competitive rate of 7% AER for 12 months, this account offers you the flexibility to deposit between £25 and £300 each month. It's a great choice if you're looking for a high-yield account that adapts to your monthly savings. Do note that this account requires a First Direct current account​​.
      Principality Building Society: This account is a beacon of hope for savers, offering an impressive 8% AER on its 6-month Regular Saver account. It's an excellent opportunity for eligible members to see their savings grow, with a maximum deposit limit of £1,200 over the term​.
      Lloyds Bank Club Monthly Saver: With its 6.25% AER for a 12-month term, this account offers you the convenience of depositing up to £400 each month. It's a stress-free way to save, allowing for more outstanding monthly deposits than other accounts​​.
      Prosper Savings 185-Day Notice Account: This account offers a rate of 5.60% AER. It requires a minimum deposit of £1,000 and mandates a 185-day notice for withdrawals​​.
      OakNorth Bank 95-Day Notice Account: This account offers a 5.37% AER with a minimum deposit requirement of just £1 and a 95-day withdrawal notice period​.
      Vanquis Bank offers several notice accounts, including a 60-day notice account at 5.35% AER and a 90-day notice account at 5.30% AER. Both require a minimum deposit of £1,000​.
      These accounts offer a range of options depending on your preference for fixed-term savings, notice accounts, or regular savings plans. If you prioritise liquidity, an easy-access account might be best, but if you can lock your money away for a while, notice or fixed-term accounts usually offer better rates. However, it's important to note that all investments carry some level of risk, and it's crucial to consider your risk tolerance before making any investment decisions.

    • @tundedavid3785
      @tundedavid3785 Месяц назад +1

      @pathwayuk Thank you so much will explore one of the options.

    • @pathwayuk
      @pathwayuk  Месяц назад +1

      @@tundedavid3785 My pleasure.