Why Save?

Saving is the safest way to build up a pot of money for specific goals, like making a large purchase or preparing for emergencies. While saving is less risky than investing, the growth is limited to the interest earned. 

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Where Can I Put My Money? 

There are various savings products available. The best choice depends on your goals, needs and making the most of any available tax allowances.

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What’s the Difference Between Saving and Investing? 

Saving is the first step towards investing. While saving involves little risk and provides a safe place for your money, investing involves higher risks but offers the potential for greater returns. Savings are typically in cash or deposit accounts, whereas investments put your capital at risk in hopes of higher gains. By engaging with a financial adviser, my advice will ensure any investments are made aligned within your attitude to risk parameters. 

What Should I Do Now?

 Given the variety of savings and investment options, it's wise to seek expert advice tailored to your circumstances. Keep in mind that investments can fluctuate in value, and tax treatments may change based on individual situations.

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