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Get savings savvy – nest egg essentials

29th September 2010 Print

To coincide with British Savings Week, money.co.uk is helping savers to get in control of their money with some top savings tips.

money.co.uk has developed ‘Eight Essential Lessons for Savers' to help consumers ensure their money is in the right place and working as hard as it could be.  In addition Hannah Maundrell, queen of money tips for 700,000 weekly newsletter subscribers, recommends the top seven online savings accounts.

"The savings market can be a minefield and keeping on top of the best accounts and rates can be incredibly time consuming.  To make life easier, we've pulled together the best online accounts available right now, paying up to 4.75% interest." commented Maundrell.

"In addition, we have put together eight essential lessons for savers, a quick step by step guide to help savers make the right decisions.  It covers everything from making sure now is the right time to save at all, to understanding what interest you are earning and what other options might be out there.  There are some great tips and resources both for new savers and for those seeking to review existing savings accounts."

Eight Essential Lessons for Savers

Know when to save
Know what you are saving for
Know what you're earning on existing savings
Know what interest you're actually getting
Understand your account's Ts & Cs
Understand bonuses aren't the enemy
Saving isn't your only option
Review regularly