Saving or Investing – What should I do with my money?

Saving or Investing – What should I do with my money?

Deciding what to do with our money is an often tricky minefield, particularly when we are not well-versed at handling our finances. We discuss the important points that will help you decide if saving or investing is the best course of action for you, depending on your personal situation and financial goals.

The difference between saving and investing

Saving our money means putting some of it aside, with the aim of accumulating it to spend on something specific, like a deposit on a house, a big holiday, or for everyday emergencies, such as broken washing machines. This normally means you’ll be putting your money into a saving account, where it won’t be at risk and you can earn interest on it.

Investing, on the other hand, is where you use your money to try to make a profit, by putting it into things that you think will increase in value. There are plenty of places to invest, such as stocks, shares, funds, property, art or gold.

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Pay off Debt or Save for Later? Here’s What We Think!

Pay off Debt or Save for Later? Here’s What We Think!

You’re sailing through the month with no financial worries. You’ve applied successful saving strategies and stopped wasting money. Now that your savings are starting to grow; you’ll discover new challenges about making decisions for the best use of those funds. In most cases, the tough decision is between using the funds for investment or paying… Continue Reading

How To Trade CFDs & Consistently Make A Profit

How To Trade CFDs & Consistently Make A Profit

Anyone who is familiar with the principles associated with contracts for difference is well aware of their associated benefits. Flexible investment levels, the ability to profit on falling markets and margin trades are a handful of examples. If this is the case, why are so many investors unable to embrace consistency? Consistent trades equate to… Continue Reading

What to Expect From Private Car Loans

What to Expect From Private Car Loans

If you’ve found a car you love but a private party is selling it rather than a dealer you can still get bank financing. You’ll have to do much of the legwork on your own, but it’s still doable. Here’s what to expect from private car loans. Private Party Auto Loans When you find a… Continue Reading