Savings accounts and money market accounts are most appropriate for

A MONEY expert has explained how to give your kids a £2.1million pension pot by saving £7.90 a day in their first 10 years. Parents can give their offsprings the retirement windfall by setting up a so-called Junior Self-Invested Personal Pension (SIPP) when they're born. The account lets you save up to £2,880 tax-free each year, and the government then tops it up by 25%, transforming it to £3,600. This is the equivalent of £7.90 a day, or almost £245 over a 31-day month. By leaving that money to grow in value, the sum could be worth £2.1million by the time your kids turn 65. This is based on the investment return of a normal index tracker fund, which typically goes up by around 7% per year on average. Of course, not all households will be able to save £8 a day for their children. But the tip is a good example of how an early start can boost your pot thanks to compound interest, while making the most of government cash on offer. Former financial advisor Alex … [Read more...] about Money expert explains how to give your kids a £2.1million pension pot by saving £8 a day

MARKS & Spencer plans to close ALL current accounts and its 29 bank branches this year. The closures, which will take effect this summer, are a result of a surge in online banking. The bank branches are located within M&S stores, but the travel money bureaux branches, which are located in over 100 stores, are unaffected. M&S told The Sun it aims to redeploy branch workers where possible, but it couldn't confirm how many are at risk of redundancy due to an ongoing consultation. M&S' current account has already closed to new customers, but it'll be available to existing customers until August 2021. The bank said it'll start contacting those customers and others who use the bank branches from today to explain their options. Where are M&S Bank's branches located? M&S Bank plans to shut its 29 bank branches from this summer. Aberdeen - St Nicholas Street Birmingham - High Street Bristol - Cribbs Causeway Bromley - High Street … [Read more...] about Marks and Spencer to close ALL current accounts and 29 bank branches this year

PEOPLE wishing to wave goodbye to Twitter can delete their profile in a matter of minutes. It's an easy process - but how do you go about it? How do I delete my Twitter account? Before your Twitter account can be permanently deleted , it has to be deactivated. To do this, simply sign into your account and click on the three-dotted-button in the bottom left-hand corner of your screen. Then click on the “Settings and privacy” tab and choose Deactivate account. If you are using a mobile phone, the button has three little lines on it and is located in the top left-hand corner. For mobile phone users, you will need to click on the Account tab before you can hit deactivate. Once you have a read through the information, confirm you want to deactivate your profile and enter your password. Twitter will ask you one last time whether you want to proceed with deactivation. In theory, once you have given the green light, your profile will disappear from the … [Read more...] about How to delete my Twitter account

A packet of crisps today can have up to seven layers of wrapping - that’s a whole lot of plastic and foil. In fact, the world is producing 20 times more plastic now than it did 50 years ago – a number that’s fast growing – despite politicians and campaigners calling for a ‘zero waste economy’. But did you know that just one plastic carrier bag can take up to 100 years to decompose? As Britain's waste problem continues to hit record levels, one couple reckon they have what it takes to get the planet back on track. Their answer? A zero waste shop. Richard Eckersley, his wife Nicola and their baby, Willow, are the family behind the UK's first ever 'no packaging' supermarket - here's how it works. How much Brits are throwing out a year 177 million tonnes of waste is thrown out in England every single year Gov.uk Earth.Food.Love Earth.Food.Love is an organic shop based in Totnes, Devon. It's the first zero waste store in the UK, retailing a range of up to 200 … [Read more...] about The shop where packaging is banned – meet the couple tackling Britain’s waste problem and winning

A SAVVY saver has revealed how he never pays full price on his shopping by using Facebook’s Ad Library to get discount codes. The bargain hunter posted on TikTok under his username georgebf999 explaining how to use the hack while shopping online. He said the first step is to search “Facebook Ads Library” on Google and click on the website. Then, choose the “Search all” category and type the name of the shop or brand you want to get a discount for in the “Search for ads by keyword or advertiser name” box. The TikTok sensation said once you hit search, a list of adverts for the shop should appear - some of which will contain discount codes for items on sale. He used the flower shop Bloom & Wild as an example. He copied and pasted a discount code he found on the Facebook Ads Library website and applied it to the checkout on the flower shop’s website. The discount code he used - which was M3D2 - was a Mother’s Day offer the shop was running. He managed to … [Read more...] about Bargain hunter reveals easy way he never pays full price for ANYTHING