10:45 01 May 2013
Lately there has been much discussion regarding reducing spending and public funds. This leaves many people worrying about gaps in their finances and how they will be able to make up the differences.
Some may be faced with having to get a second job, while others may not have such an option available to them. Establishing a savings account may be a beneficial way to plan for the future in the event of economic difficulties.
What types of savings accounts are there?
Which one is best for you?
What types of ISAs are there?
What if I want more than one savings account?
You can have both cash ISAs and stocks and shares ISAs but the annual deposit limit remains the same as it would be if you had just one of these savings accounts. You can also have a regular savings account to keep for more accessible funds.
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