It doesn’t matter what you do for a living or how much money you make, thinking ahead and making money plans is always a wise move. After all, a bright future won’t just happen and you can’t bank on winning the lottery.
So if you have a dream for the years ahead, even if it’s just to enjoy an easier life, why not invest in trying to make it a reality now?
Make your money work for you
The thing is, your money can’t be working for you if you don’t squirrel some of it away. When debts are done with and you’ve built up savings for those expenses that come out of the blue, it may be time to look at investing.
Investing’s about giving your money the chance to grow more than it would in cash savings, by taking some risk. If you’re able to tie up your money for a good few years and can accept you may lose on it, it could be a good way to try and achieve your bigger goals for later in life, like a special holiday or extra cash in retirement.
of British households are saving°
at all time low°°
Straightforward ways to put your money to work
How we can help you invest for the years ahead
If you're comfortable putting your money aside for 5 or more years and are willing to take some risk, we offer a stocks and shares ISA to help you try and get a better return on your money.
- Tax efficient way to put money aside for the future
- Start investing from just £10 per month
- Flex payments to work around you
- Built in money-back guarantee on certain dates
Please remember that when you invest you are taking a risk. The value of a stocks and shares ISA can go down as well as up, and you could get back less than you paid in.
Thinking ahead – Equity Release
For anyone over 55 who’s thinking about how to fund their later years, equity release is one option that could help. Very simply, it lets you get hold of the money tied up in your home, without having to sell up or move.
Working out if Equity Release is right for you will depend on your personal situation and your finances, but here are some reasons why it could be worth mulling over:
- Top up your income
- Pay for home improvements
- Clear your debts
- Give an early inheritance to loved ones
- Fund a big buy like a holiday
The smallest print
° Financial Inclusion: Annual monitoring report 2014, Birmingham: University of Birmingham. — Only 41% of British households are saving
°° www.bankofengland.co.uk/ — 0.50% as of 2 November 2017
* Government ISA statistics PDF — published April 2017