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Money matters

Martin Lewis money Saving Tips

www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1160141972,18232

Look after the pennies and the

pounds will look after themselves

Click the following links to take you directly to sites providing information and help concerning financial matters:

Something to think about

 

Almost without exception the interest rate you receive on any savings will be less than the interest rate you pay on any loans.  This is how the banks and building societies make a profit.

 

For example, you might have a  mortgage and pay interest at a rate of 5%, and you might  have a savings account with the same building society and receive interest at a rate of 4%.

 

Therefore, are you not lending the building society your money at a lower interest rate and then paying the building society a higher rate to borrow back your own money?

 

Should any one with a loan also have a savings account?

 

Money is something you got to make in case you don't die

Max Asnas

 

Why is there so much month left at the end of the money?

John Barrymore