Cash ISAs: What They Are & How to Use Them
My Journey With Cash ISAs: The Good, The Bad, and The Surprising Last month, I was having coffee with my friend Pete when he proudly told me he’d just opened his first ISA. “That’s fantastic!” I said, genuinely excited for him. “What kind did you go for?” His answer – “Just a regular Cash ISA” […]
How Inflation Impacts ISA Returns: A Personal Journey
My Battle Against the Invisible Enemy: How Inflation Affects Your ISA Returns Last Christmas, my grandmother asked me a question that stopped me in my tracks. “Jamie,” she said, peering over her reading glasses, “my Cash ISA earned 3.5% last year. That’s good, right?” I hesitated, knowing inflation had been running at 6.5%. The truth? […]
How Compounding Affects ISA Returns
Compound interest overview As Einstein once said “Compound interest is the eight wonder of the world” or something like that… and if you’ve ever wondered why some savings accounts grow faster than others, the answer is simple: compound interest. When it comes to Individual Savings Accounts (ISAs), understanding how compounding works can help you make […]