Is cash really king?
Coaching to help you choose between cash savings and investments
Saving for the future
Setting money aside for the future is always a sensible idea but deciding on where to put it to achieve growth is not always straightforward. With interest rates on the rise, putting your money into a savings account might seem like a sensible choice.
Cash savings or investments?
But even with the increase to interest rates, it’s important to consider if leaving your savings in cash will generate enough growth so that you can reach your long-term financial goals. Investments could deliver a higher return over a longer period.
Points to remember
Both cash savings and investments can help to build your money, but they work very differently. Investments put your capital at risk and the value can fluctuate, but they have the potential for higher rates of return than cash over the long term.
Book your free coaching session
Bestinvest by Evelyn Partners is our online investment service. Through Bestinvest, we offer free 45-minute sessions with our Coaches, who are all qualified financial planners. We can help you find the right balance between cash savings and investments, plan your investment goals, talk through big decisions and see if your investment strategy will take you where you want to go.
