The podcast to help you make the most of your money
This week on Cash Chats, New Bank of England figures reveal that almost £306 billion is sitting in accounts paying no interest at all — more than the amount held in fixed-rate savings.
So why are so many of us leaving our money somewhere that earns nothing? And with huge sums also sitting in easy-access accounts paying relatively low rates, are we making the most of our savings?
This week, James Andrews joins me to look at where people are actually keeping their cash, why so much money ends up in poor-paying accounts, and what you should think about when deciding where to keep your own savings.
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