My journey from spending to saving has been bumpy, as readers of this blog will know.
But over the last couple of years I have learnt some lessons, certainly as we have traveled through a recession and back again. I have a savings account, the kids have saving accounts.
None of them have a fortune in them but they all have small amounts added to them each month which are growing steadily. Those accounts are Fscs protected, which makes perfect sense to me, because if something happens to my bank, I want to know my savings will be safe.
The Fscs automatically returns savings of up to £85,000 within 7 days if something happens to your bank or building society. Now, the trick is to figure out how to get up to £85,000 in savings!
Knowing about protecting your savings is important, and today I have the lovely Fearne Cotton on the blog explaining more about Fscs and how they can help.
True, you may never need them, but it is nice to know they are there! Featured Post