Home Money Beware fixed-rate savings trap… and secrets from an Isa millionaire: This is Money podcast

Beware fixed-rate savings trap… and secrets from an Isa millionaire: This is Money podcast

0 comment
Beware fixed-rate savings trap… and secrets from an Isa millionaire: This is Money podcast



<!– <!–




There’s a warning to savers whose futures contracts are coming to an end: don’t turn your attention now or you risk having your returns wiped out in just a few months.

A year ago, there was a wave of savers opting for fixed-rate bonds as they improved dramatically. But if you don’t do anything, chances are it will change at a terrible pace.

In this week’s This is Money podcast, Helen Crane, Lee Boyce and Georgie Frost talk savings, just as we head into a new financial year.

NS&I also reveals the interest rate of the new British savings bond in the field of savings: is it worth it? And an Isa millionaire reveals all about how he built up a seven-figure pot to This is Money.

Helen tackles another reader problem: this time it concerns an unwanted and unnecessary SIM card that costs a pensioner a few hundred euros.

And on the utilities front, Lee reveals how Ofcom saved him from a 75 per cent rise in his monthly broadband costs, and why you should check if your mobile phone is out of contract.

The number of mortgage applications has increased, but house prices have fallen. What is happening?

Meanwhile, research shows that a record third of all homes are being bought by first-time buyers – and they make up 89 per cent of buyers in a Berkshire town.

Finally, entrepreneur Tim Armoo ​​is in charge of five money-making fads doing the rounds on social media – are they worth it?

money" data-version="2" id="mol-c1c97410-f35c-11ee-860b-9952f363fe81" data-permabox-url="https://www.thisismoney.co.uk/money/podcast/article-13276279/Beware-fixed-rate-savings-trap-secrets-Isa-millionaire-Money-podcast.html">

Listen to the This is Money podcast

We publish the podcast to the player every Friday on This is Money, above, and beyond Apple podcasts (iTunes), the most popular, Spotify, Audioboomand much more.

To download the Apple Podcasts app, go to the App Store. On Android devices, go to the Google Play Store to download the podcast app of your choice.

You can press play to listen to this week’s full episode in the player above. Wherever you get your podcasts, please subscribe and rate us if you like the podcast.

We are now available on YouTube and you can ask your smart device to ‘play the This is Money podcast’.

If you’re not comfortable using apps, you can also listen to the latest episode and archive on the This is Money podcast page.

money channelTeaser--2-5-1 " data-track-module="seo-articles^article-list-module-v2" data-track-pos="static">

You may also like