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How to save money even when the budget is tight

September 23, 2023
in Business
Reading Time: 1 min read
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How to save money even when the budget is tight
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Firstly, the returns (or interest) being offered on savings accounts has improved, although borrowing is more expensive. For example, you may find an account paying 5% a year, so £1,000 saved for a year will earn £50 in interest. Save for lots of years, and that lump sum keeps building under what is known as compound interest.

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