I know people that would only save their money in a bank. They are old and they have always saved with a particular company and so they do not trust anybody else. The problem with this is that they might be able to get a much better deal elsewhere but they are too scared to [...]
People seem to be really worried about what is going on in the banking sector at the moment. With various banks getting into financial difficulties I think that people are worrying about where the safest place is to put their money. I know some people who are even drawing money out and keeping it at [...]
A lot of people think that a bank is the safest place to save money. A lot of people are changing their minds now a bit after many banks are in trouble. However, the safest place has always been government bonds and accounts. If you want something where you get a decent bit of interest [...]