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Making your Money Work Harder

Just like you need petrol to run a car, money provides you with the means to live your life.

Big purchases, holidays, a wedding, emergency reserves to dip into if out of work - tucking some spare cash aside regularly makes good money sense.

Picture this, you've just landed a cash bonus or been left a sum of money in a will, what saving vehicle will you choose? There's quite a selection, each offering different terms and incentives. 

Shopping around to save

The first question you should ask yourself is; how quickly do you need access to the money? Would you be prepared to forgo instant access for a higher rate of interest? 

Talking to an independent financial adviser will help you:

  • decide which saving facilities and features are relevant to you;

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  • pinpoint what you are saving for and how much you'll need to set aside to reach that goal;

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  • compare the cost of any debts you have accumulated against the interest you are likely earn in savings

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  • source the most tax efficient savings account.

To discover new ways in which you can make your money work more effectively, contact us today.

Investing involves risk and the value of investments, and the income from them, may fall as well as rise and are not guaranteed

Tara Financial Services Ltd: Registered office Albany House 14 Shute End Wokingham Berkshire, RG40 1BJ. Registered in England Number 2074198

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Tara Financial Services Ltd is an appointed representative of 2Plan Wealth Management Ltd, which is authorised and regulated by the Financial Conduct Authority. It is entered on the FCA register (www.fca.org.uk) under reference 461598. Registered Office is 2 Plan Wealth Management Ltd 3rd Floor, Bridgewater Place, Water Lane, Leeds, LS11 5BZ. Registered in England and Wales Number: 05998270

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