Food & Drink0 min ago
A Quick Financial Question For Anyone Who Is Qualified To Answer!
7 Answers
I've been on the supermod thread!
I'm talking to our financial adviser tomorrow. I am right in thinking that when interest rates rise that any money in a bank savings account will accrue more interest.
My qualification in economics was 58 years ago and my brain doesn't work any more.
Simple question really.
I'm talking to our financial adviser tomorrow. I am right in thinking that when interest rates rise that any money in a bank savings account will accrue more interest.
My qualification in economics was 58 years ago and my brain doesn't work any more.
Simple question really.
Answers
Best Answer
No best answer has yet been selected by MissTerious. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.All those sort of things I talk about with our advisor. It was just a quick confirmation I wanted because we might need to add to our offer on a house without touching investments. We have money in a bank savings account but I shall ask him if its best to use that.
So basically. It's just yes. Higher Bank rates can mean higher rates on savings.
I'm usually pretty good with dealing with our finances, but definitely brain dead at the moment.
Thank you.
So basically. It's just yes. Higher Bank rates can mean higher rates on savings.
I'm usually pretty good with dealing with our finances, but definitely brain dead at the moment.
Thank you.
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