Re: Interest rates to rise..
Re: Interest rates to rise..
I havnt read all of this but adding to page one ... when interest rates sunk to an all time low for my life time , we put most our savings into Premium Bonds , between the 2 of us we get on average of 50 to 300 in winnings each month .. which has been alot more than we have recieved on the rest sat in the bank.....To many people stick with the same old bank all their life and never look for better places to put their money ...Re: Interest rates to rise..
Re: Interest rates to rise..
no baggage I agree with you. Premium bonds have given me more income than the bank, this year.Re: Interest rates to rise..
Re: Interest rates to rise..
I think high interest rates are a thing of the past unfortunately, if they do go up it will not be by much. I think that my children although owning their own homes, will never be in a position to have savings, my grandchildren will probably never be able to get on the property ladder as they get into a volatile job market so late. I worked since I was 15 and never had any difficulty getting jobs. How things change.
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