The frugality continues…
August 27, 2009
Right, I’m getting into this watching the pennies thing now. It’s a bit time consuming, which is what has put me off for so long, but have realised it is worth every second spent.
Last week I checked up on my daughter’s savings account to see how it was performing as I have heard about savings rates of around 5% in recent weeks. Went into the building society, asked for the info, drum roll…..her account was paying….a platry 0.3%
How bad is that! All that time I could have been earning interest and I was stuck on that measley amount. Anyhow I switched to a five year fixed ISA paying 4.5% so I’m a happy lady now.
Next thing I hear from Yorkshire Building Society that lots of mums like me aren’t paying attention to how their Child Trust Fund is performing. Apparently they have seen a recent surge in applications, probably because next month children who were born after 31 August 2002 and who are turning seven will get a second payment.
And parents aren’t looking around much to get the best from their Child Trust Fund because they don’t know that it can be moved around.
Well I certainly wasn’t aware of it. So I’ll just check out how mine is performing…wait…who did I go with…I have no idea! Well first task for me is to track down where I put it in the first place.
Maybe I’ll find the deeds to the house while I’m searching…..
Marketing Mummy
