Idea
MoneyHelper's Free Resources to Start Saving
by
iFAST Global Bank
With the rising cost of living, building your savings is more important than ever. MoneyHelper, a government-backed financial advice website, offers excellent free guidance and tools to help you get into the savings habit.
Understand the Main Reasons to Save
MoneyHelper's "Getting into the savings habit" guide explains key savings goals like:
· Having an emergency fund
· Saving up for major purchases
· Retirement planning
Understanding why saving is important can motivate you to start.
Use Their Savings Calculator
MoneyHelper's free savings calculator helps you determine:
· How long it will take to save a specific amount.
· How much to save to reach a savings goal by a target date.
This useful tool makes savings goals feel more achievable.
Create a Budget
MoneyHelper's free budget planner analyzes your income and spending so you can take control of your finances and direct more towards savings.
Learn About Inflation
MoneyHelper explains what inflation means for savings so you can make informed choices.
Get Free Pension Guidance
You can book a free pension guidance appointment with MoneyHelper or submit pension questions online.
Compare Savings Accounts
MoneyHelper outlines different savings account options so you can find the right ones for your needs.
Understand Saving vs Investing
Their guide on saving vs investing explains how each can help you manage money.
With MoneyHelper's free tools and advice, you can take control of your finances and build lifelong savings habits. Visit moneyhelper.org.uk to get started.
Join over 780,000 people in iFAST Group who use iFAST to save, invest and transfer money abroad.
iFAST Global Bank is a member of the Financial Services Compensation Scheme (FSCS).
iFAST Global Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 716167. We are registered in England and Wales, our company number is 4797759.
Please note that the provided details serve as general information and should not be considered as financial advice or endorsements. We strongly advise customers to diligently carry out their own research and consider seeking expert guidance for tailored financial choices.
