Paying off your mortgage vs saving

Paying off your mortgage vs saving

As the saving rate is keeping at almost lowest level and far behind the inflation rate, many people are considering to pay off their mortgage with their saving. So the question is: does it make more financial sense to put your money into a savings account rather than to reduce your mortgage?

Ask th[……]

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Is inflation making you poorer

Is inflation making you poorer

Prices in the UK are rising at their slowest rate of 2.4% since the end of 2009, official figures have shown, due to falling food, fuel and clothing prices.

However, your personal rate of inflation may not match the official rate of inflation. How to get a more accurate picture of how inflation a[……]

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