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It’s not just for rich city traders.
Not a big deal, you may think – but here’s the thing: unless your money is growing in line with the rate of inflation, which is the cost of goods and services, then the cash you have sitting in savings is actually losing value.
The current rate of inflation is 3.2% [correct September 2021], but finding a savings account that pays you that or anything above it is impossible in the current climate.
So, what can you do about it? The answer is investing. Investing can help your money grow, not only to beat inflation, but also to help you meet your life goals – whether that’s to get onto the property ladder, start a new business, or maybe even to retire early.
The good news is it’s easy to get started with investing and you don’t need to be a rich city trader to do it either. And better still, research shows that when women invest, they do it better than men.
Start investing small
Did you know you can actually start investing with just…