Savings Are Not Enough
According to an analysis, 26% of UK residents had savings totalling less than £1,000. If the question is: “Are women more adept at saving than men?” then the response is disheartening for women. Men do save more in the UK, according to researchers at Raisin UK, who also highlighted that “men had almost twice the average savings of women.”
The first step in accomplishing your financial objectives is opening a savings account or scheme. But central banks have lowered interest rates to record-low levels. This means that low-interest rates and excessive inflation harm your funds. To fit your financial plans, there are several investment solutions available.
You only need a financial advisor who can advise you on the best strategies to increase your financial fortune.