Don't settle for low savings rates
On average, savings accounts in the UK have offered around 5% per year over the last 30 years, and today they are at hovering at barely 1%. Compare that with UK equities like the FTSE All Share Tracker which has returned an average of 10.92% per year over the same time period.
Returns really add up!
Did you know - if you started investing £100 per month for a new baby, earning 10% annual returns, by their 47th birthday they'd have £1m! Yet you'd have invested just £56,400.
Why? It's called "compounding" - earning interest on interest!
Less risky than you think?
People often feel safer with savings or property, rather than stock market investing. But all these things carry risk.
The trick is to spread your money across as many investments as possible.
In fact, you can actually reduce risk by putting some of your money into stock markets.