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Easy access savings above inflation again
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eskbanker
Forumite 16.4K posts
Today's consumer prices update has CPI at 1.3%, which means that for the first time in three years, it's (just) lower than the interest paid by the leading easy access savings accounts!
Not exactly reason to crack open the bubbly but every little helps, green shoots, etc....
Not exactly reason to crack open the bubbly but every little helps, green shoots, etc....
0
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I can feel the flood of cash rushing in compounding, growing exponentially let’s deduct the inflation and plug the numbers into a compound interest calculator
Yr5
5 £7.55 £37.64 £5,037.64
Only 5 yrs till I can crack open that cheap bubbly, thank you savings rates. :T
Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
Didn't see many companies lifting their profits by that %.
― Daniel Crosby