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This website is about trying to make the most of money. For savers you will find
details on the best savings accounts and the top 10 savings accounts (with UK interest rates falling ever % point gained on the rate is important). And with
the current banking crisis dividing your money between different financial institutions and savings accounts seems advisable.
For borrowers and savers the peer to peer lending page (social lending, zopa, prosper etc) gives an insight into a fast growing sector of the financial industry
and the rates available for both savers and borrowers are worth considering. The top money savings tips gives ideas on reducing household expenses. If you have any offshore bank accounts read the fscs page so you are aware of just how limited the protection in is some countries.
The top over 50's savings accounts rate page gives examples of some of the highest and best savings rates available for the over
50's, and don't miss the pages on fixed rate bonds, ISAs, instant access and easy accounts and the top regular savings accounts plus our top 10 savings accounts. Unlike some comparison sites we are impartial and always show the best savings rates
we are aware of, so for any banks or building societies if you have a top rate on savings accounts email
us and we will gladly show it to our visitors. Take a look at the list of building societies for details on all the
remaining ones in the UK which should be useful for carpetbaggers and non carpetbaggers alike.
If you are looking to take out a personal loan the loan tips page has some ideas. For fun take a read at the money jokes or more seriously the
beginners guide to the stock market. Most consumers spend a lot of their income on insurance so take a
read of the new insurance guides (including pet insurance and travel insurance) to make sure you are getting the best value for money. If you have anything you would like added
to the site email us and we will be happy to consider them so others can benefit too.
Carpetbagging is investing in a mutual organisation like a "MUTUAL
BUILDING SOCIETY" in order to get a windfall in the event of a merger or takeover of the mutual organisation.
For an investment in a building society savings account of £100 you can get a good rate of interest on your
savings account plus the potential of a carpetbagging windfall.If you were to save £100 per month at 6% you would have £16,470
after 10 years even without a carpetbagging windfall.
Since 2003 you could have made a minimum of £1400 of windfalls from Building Society mergers. More
information on Carpetbagging here.
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