Site updated:

12 February 2012

About savings

little girl dropping coins into piggybank

These pages help you look at your financial situation and weigh up your options for saving.

For more about the different ways you can save or invest money, go to our section Ways to save.

Why do I need to save?

Tells you about some of the main reasons why you might want to save. Also helps you to think about whether you need to save by looking at some of  the alternatives, such as insurance, state benefits and borrowing .

Can I afford to save and how much?

Helps you to look at your financial situation so you can work out how much spare money you have to save or invest. Includes looking at your debts, your budget, your plans for retirement and whether you're financially protected against death or serious illness

What's the best way to save

Helps you to work out the best option for saving your money by looking at questions such as what are you saving for, when are you saving for, how much risk are you prepared to take and how quickly will you need to get hold of your money in an emergency?

How to earn more on savings

Find out some of the things you can do to make sure that, once you've chosen where to save your money, it continues to earn the best rate possible. This includes, checking interest rates, protecting against inflation and how to maximise your tax-free savings.


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