Make Your Money Work For You
At times when interest rates are low, you may want to consider other ways to make your money work for you: Paying off debt The interest on borrowing is usually higher than the interest earned on savings, so it might be better to pay off high-interest loans and debt. We discuss this in more detail […]
Setting savings goals
Whether it’s for something big, like a home down payment, an event, or simply for your peace of mind, having a specific goal to save toward can help you stay focused. By setting savings goals, you have a clear sense of purpose. Studies into savings behavior indicate that people who set savings goals save more, […]
Understanding Interest
Why interest matters When you put money into a savings account, your bank or financial institution will reward you with a percentage of the money saved in return for keeping your money with them. This is called interest. Interest helps to make your savings grow. The higher the interest rate that your savings attract, the […]
Why savings is so important
Saving money is one of the most important financial habits you can adopt. It can help you to become financially secure and provide for you and your loved ones in case of an emergency. Saving money can help you to: Saving money is good for your health too. Studies throughout the world suggest that people […]
Protecting Your Financial Future
Protecting your financial future isn’t just about taking out insurance to protect you against life’s risks. It’s also about deciding how and where to put savings aside to protect the people and things that you love, and to ensure you’re prepared financially if things don’t go to plan. Our future-planning guide in Savings Strategies will help you. […]
Protection At Different Stages Of Your Life
Protecting what matters usually involves having to balance the cost of protection with the risks you face. Everyone is different, but there are a number of specific life stages where certain insurance coverage or protection may be particularly relevant. Here are some illustrative examples: Justin Justin is a 30-year-old college lecturer, living with his partner […]
Why Is Insurance So Important, And What Can You Protect?
Risk vs. protection Insurance is all about managing risk. Some insurance is compulsory, for example, automobile insurance for drivers. You might need other insurance as a condition of contract, like homeowner’s insurance if you have a mortgage on your home. Most other insurance types are a matter of choice, and involve you prioritising what’s most […]
Additional Investing Tips For Beginners
A savings account can be a valuable tool to help you achieve your long-term financial goals. However, while interest rates may have risen, if they don’t match inflation, your buying power or ability to buy will go down. That’s why investing could be a good way to grow your money in the long run. But […]
Invest In Your Future
Wherever you are today, we could help you create a better tomorrow Better things to do than worry about your finances? At CAPITA, we’re always looking for new ways to make banking easier, slicker, and more relevant. When it comes to helping you plan your future, we’re especially passionate. The word ‘wealth’ means different things […]
Investing for Beginners
You don’t need to be an expert (or wealthy) to start investing. It could be easier than you might think. To help you, we look at: What is investing? Investing is when you set money aside for the future and put it to work for you. When you invest, you’re buying into something you believe will […]