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Comments on: Do you earn enough interest to cancel out inflation? http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php A trip down personal finance lane. Wed, 08 Feb 2012 01:31:20 +0000 http://wordpress.org/?v=2.5 By: Sam http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-48 Sam Thu, 26 Apr 2007 21:13:10 +0000 http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-48 You have 10k to shift?! Lucky for some :D You have 10k to shift?! Lucky for some :D

]]> By: Kirsten http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-47 Kirsten Thu, 26 Apr 2007 20:02:03 +0000 http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-47 Then don't do it all in one go... well, anyway... I'm not telling you what to do with your money, just evaluating options for myself in public... :-D Then don’t do it all in one go… well, anyway… I’m not telling you what to do with your money, just evaluating options for myself in public… :-D

]]> By: Ad http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-46 Ad Thu, 26 Apr 2007 19:51:18 +0000 http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-46 Yeh, i agree it looks good for long term savings.. just i'm not going to be saving long-term (*wants a house*) If I shift more than 10k in any one transaction it gets flagged on my personal bank manager's screen and i invariably get a phone call.. (either what are you doing or.. ooh, can we send an investment adviser round) grrr.. Yeh, i agree it looks good for long term savings.. just i’m not going to be saving long-term (*wants a house*)

If I shift more than 10k in any one transaction it gets flagged on my personal bank manager’s screen and i invariably get a phone call.. (either what are you doing or.. ooh, can we send an investment adviser round) grrr..

]]> By: Kirsten http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-45 Kirsten Thu, 26 Apr 2007 18:25:52 +0000 http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-45 Well, with Icesave the interest applies to everything in the account, you just have to have a minimum of 250 to open it... And why would Natwest start looking into your accounts in more detail when you're opening a savings account with someone else? I actually think having a savings and current account with the same bank (and instantaneous transfers between them) comes in handy when you have to adjust the balance in your current account *quickly*. Just for larger sums that I'm planning to put away for longer (while keep them accessible) I do want to get the most out of my money... Well, with Icesave the interest applies to everything in the account, you just have to have a minimum of 250 to open it… And why would Natwest start looking into your accounts in more detail when you’re opening a savings account with someone else?
I actually think having a savings and current account with the same bank (and instantaneous transfers between them) comes in handy when you have to adjust the balance in your current account *quickly*. Just for larger sums that I’m planning to put away for longer (while keep them accessible) I do want to get the most out of my money…

]]> By: Ad http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-44 Ad Thu, 26 Apr 2007 18:01:57 +0000 http://simplepound.meewella.com/do-you-earn-enough-interest-to-cancel-out-inflation.php#comment-44 "0.08% - that’s an eighth of a percent!" ..*blinks*.. I currently have an e-savings account with natwest on about 4.75% AER I believe which is close enough in my mind not to be worth the hassle of changing (especially since it applies to all sums larger than a single pound). Oh, and one must not forget that they are still kind enough to have a student account in my name with a 0% overdraft up to £1,250 so i don't really want them to start looking at my accounts in detail whilst i'm pocketing their interest! “0.08% - that’s an eighth of a percent!”

..*blinks*..

I currently have an e-savings account with natwest on about 4.75% AER I believe which is close enough in my mind not to be worth the hassle of changing (especially since it applies to all sums larger than a single pound). Oh, and one must not forget that they are still kind enough to have a student account in my name with a 0% overdraft up to £1,250 so i don’t really want them to start looking at my accounts in detail whilst i’m pocketing their interest!

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