Regularly review your financial arrangements

It is estimated that the UK public are losing £12 billion simply by failing to keep an eye on their cash savings and failing to switch them over to an account paying a better rate of interest. This does not have to be difficult as it may mean just changing the account over with your existing Building Society or Bank who may have “forgotten” to tell you there was a better interest rate available. You can go on line to various comparison websites to see what your savings should be earning you. We recommend www.moneyfacts.com .